A Market Decline of 23% on a Day When There

question 54

Multiple Choice

A market decline of 23% on a day when there is no significant macroeconomic event ______ consistent with the EMH because ________.

• A) would be,because it was a clear response to macroeconomic news.
• B) would be,because it was not a clear response to macroeconomic news.
• C) would not be,because it was a clear response to macroeconomic news.
• D) would not be,because it was not a clear response to macroeconomic news.
• E) We cannot tell based on the information given.

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Definitions:

Master Production Schedule

A plan for the production of individual items at specific times in the future.

Aggregate Plan

A medium-term plan that outlines the total production levels, inventory, and workforce size required to meet anticipated demand.

Safety Inventory

A buffer stock kept to protect against variability in demand or supply, ensuring sufficient product availability.

Capacity

The maximum output that a system, facility, or machine can produce under normal conditions over a given period.