Weak Form Efficiency Is Best Defined as a Market Where

question 31

Multiple Choice

Weak form efficiency is best defined as a market where current prices are based on

• A)totally rational decisions.
• B)historical prices.
• C)information known to any person or organization.
• D)all publicly available information.
• E)irrational decisions by amateur investors.

---

Definitions:

Quantity Demanded

The complete volume of a good or service that individuals intend to acquire at a predetermined price within a set period.

Shortage

A situation in which the demand for a good or service exceeds its supply in a market.

Surplus

An excess of income or assets over expenditure or liabilities in a given period, indicating financial health.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, typically used to control costs for essential items like food and rent.