Technical Analysts Are Most Likely to Be Successful in a Market

question 20

Multiple Choice

Technical analysts are most likely to be successful in a market that is considered:

• A)Semi-strong-form efficient
• B)Not to be strong-form efficient
• C)Not to be weak-form efficient
• D)To follow a random walk

---

Definitions:

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, allowing for competition based on product differentiation.

Market Demand

The total demand for a product or service in a market, aggregating all individual demands at various prices.

Long Run

A period of time in which all factors of production and costs are variable, allowing companies to adjust to market changes.

Monopolistically Competitive

Refers to a market structure where many firms sell products that are similar but not identical, allowing for some degree of market power.