Which of the Following Assumptions Regarding Price Movements Summarized by Levy

question 51

Multiple Choice

Which of the following assumptions regarding price movements summarized by Levy (1966) are controversial?

• A) Supply and demand determine the market value of any good or service.
• B) Supply and demand are governed by numerous rational and irrational factors.
• C) The prices for individual securities and the overall value of the market tend to move in trends.
• D) All of the above assumptions are controversial.
• E) None of the above assumptions are controversial.

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