Another Way to State the Efficient Markets Condition Is: in an Efficient

question 91

Multiple Choice

Another way to state the efficient markets condition is: in an efficient market,

• A) unexploited profit opportunities will be quickly eliminated.
• B) unexploited profit opportunities will never exist.
• C) arbitragers guarantee that unexploited profit opportunities never exist.
• D) every financial market participant must be well informed about securities.

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Definitions:

Mating Rituals

Mating rituals are behavioral patterns exhibited by animal species, including humans, to attract and select a mate.

North American Deer

A group of species including white-tailed deer and mule deer that are native to North America, known for their antlers that they shed and regrow annually.

Naturalistic Observation

A study method where participants are monitored in their usual surroundings with no alteration by the researcher.

Native Habitat

The natural environment in which a species lives and evolves.