If a Market Is Efficient, Then It Is Possible That

question 48

True/False

If a market is efficient, then it is possible that an increase in one person's consumption would not lower another person's consumption.

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Definitions:

Principle-Based Statement

A declaration or assertion that is grounded in established principles or fundamental truths.

Code of Ethics

A set of principles and standards that guides ethical professional conduct and decision making within an organization.

Ethical Tolerances

The degree to which behavior deviating from ethical norms is accepted or allowed within a group, organization, or society.

Ethics Ombudsperson

An official given the responsibility of corporate conscience who hears and investigates ethical complaints and informs top management of potential ethical issues.