Which of the Following Is Not a Criterion for an Efficient

question 57

Multiple Choice

Which of the following is not a criterion for an efficient market?

• A) Prices adjust rapidly to new information.
• B) Large dollar amounts of securities can be absorbed without price destabilization.
• C) Each successive trade is made at a price close to the previous trade.
• D) Computerized handling of transactions.

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Definitions:

Lens Rigidity

The stiffness of the eye's lens, which increases with age, affecting its ability to change shape and focus on objects at various distances.

Suspensory Ligaments

Fibrous tissues that support an organ or structure, such as the ligaments supporting the lens of the eye, allowing it to change shape for focusing.

Ciliary Muscles

A group of muscles located in the eye that adjust the lens shape to help focus light on the retina.

Lens

A transparent, biconvex structure in the eye that focuses light rays onto the retina, enabling clear vision.