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Why Might the Degree of Market Efficiency Differ Across Various

question 23

Essay

Why might the degree of market efficiency differ across various markets
State three reasons why this might occur, and explain each reason briefly.


Definitions:

Mechanical

Pertaining to machines or the laws of physics that govern how machines work and are utilized.

Direct Customer Interaction

The direct communication and engagement between a business and its customers without intermediaries.

Philosophy

The study of fundamental questions about existence, knowledge, values, reason, mind, and language.

Customer Service

The assistance and support provided by a company to the people who use or buy its products or services.

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