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What Is an Allocationally Efficient Market

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What is an allocationally efficient market?


Definitions:

Cervical

Relating to the neck or the cervix, which is the lower part of the uterus opening into the vagina.

Thoracic

Pertaining to the chest region in vertebrates, containing vital organs such as the heart and lungs.

Lumbar

Referring to the lower back region of the spine, encompassing the five vertebrae between the rib cage and the pelvis.

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