Briefly Explain Why, in a Competitive Securities Market, Successive Price

question 6

Essay

Briefly explain why, in a competitive securities market, successive price changes are random.

---

Definitions:

Figure-Ground

A principle in perceptual organization where an object (the figure) is perceived distinctly from its surroundings (the ground).

Perception

The method through which people comprehend and arrange sensory data to create a significant perception of the environment.

Retinal Disparity

The slight difference in the two visual images that each eye perceives due to their different angles, crucial for depth perception.

Perceptual Organization

The process by which the brain structures sensory input into meaningful patterns and objects.