In General, Markets Are Efficient When

question 29

Multiple Choice

In general, markets are efficient when:

• A)prices respond quickly to new information.
• B)each successive trade is made at a price close to the preceding price.
• C)they can absorb large amounts of securities or assets without changing the price significantly.
• D)All of the above

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Definitions:

Distribution

The process of making goods or services available to consumers through various channels.

Downstream Activity

Processes in the supply chain that occur after the production phase, such as distribution, marketing, and sales to the end consumer.

SCM

Supply Chain Management, the handling of the entire production flow of a good or service — from the raw components all the way to delivering the final product to the consumer.

Customer Demand

The desire of purchasers, consumers, clients, or end-users to buy goods or services in a given timeframe at a specific price.