Question: The structuralists argue that: Dynamic efficiency should be the overriding objective in the design of public policy toward business. Market performance is determined primarily by

The "structuralists" argue that:
Dynamic efficiency should be the overriding objective in the design of public policy toward business.
Market performance is determined primarily by structure; hence, public policy should aim at reshaping market structure.
The chain of causation runs from conduct to structure, not vice-versa.
Market failures are so rare that policy-makers should not be overly concerned with them.
The "structuralists" argue that: Dynamic efficiency should be the overriding objective

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