An Efficient Market Is a Market in Which

question 39

Multiple Choice

An efficient market is a market in which

• A) everyone always gets what they want.
• B) profit opportunities are eliminated almost instantaneously.
• C) profits are always very high and persistent.
• D) opportunity costs are zero.

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Definitions:

Chemotherapeutic Agents

Drugs used in the treatment of cancer, working by killing or stopping the growth of cancer cells.

Leukemia

A type of cancer that affects the blood and bone marrow, characterized by the overproduction of abnormal white blood cells.

Antiemetic

A type of medication used to prevent or treat nausea and vomiting.