Briefly Explain Why, in a Competitive Securities Market, Successive Price

question 6

Essay

Briefly explain why, in a competitive securities market, successive price changes are random.

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Definitions:

Cooing

Soft, gentle sounds made by babies in the early stages of vocal development.

Babbling

A stage in child language acquisition where infants produce sounds before they learn to speak actual words, often combining consonants and vowels like "baba" or "gaga".

Cooing

The early vocalization of infants that consists of soft, throaty noises, often made in response to social interaction.

Intonation

The variation of pitch while speaking, which can affect the meaning of words and convey emotion or emphasis.