If Markets Are ____, Investors Could Use Available Information Ignored

question 31

Multiple Choice

If markets are ____, investors could use available information ignored by the market to earn abnormally high returns.

• A)perfect
• B)active
• C)inefficient
• D)in equilibrium

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Definitions:

Circulation Numbers

Refers to the number of units (such as newspapers or magazines) distributed to the public within a specified time frame.

Marginal Product

The Marginal Product is the additional output that is produced by employing one more unit of a factor of production, holding other factors constant.

Labor

Any mental or physical exertion on the part of a human being that is used in the production of a good or service. One of the four economic resources.

Output

In economic terms, this signifies total products or services that have been manufactured or provided by a company in a particular period, acting as a measure of productivity.