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An Efficient Capital Market Is One in Which an Order

question 45

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An efficient capital market is one in which an order to trade can be placed and executed in a relatively short period.


Definitions:

OLED Televisions

High-definition televisions using organic light-emitting diode technology for superior color and contrast.

Unattainable Production

A situation where the level of production desired cannot be achieved with the available resources or technology.

Hybrid Cars

Vehicles that use a combination of an internal combustion engine and one or more electric motors to reduce fuel consumption and emissions.

Opportunity Cost

The value of the best alternative forgone when a decision is made over others.

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