Which of the Following Is NOT a Necessary Condition for an Efficient

question 81

Multiple Choice

Which of the following is NOT a necessary condition for an efficient market?

• A)Many buyers and sellers
• B)No prohibitively high barriers to entry
• C)Free and readily available information available to all participants
• D)No trading or transaction costs

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Definitions:

Business Messages

Communications conveyed within or outside of an organization for the purpose of conducting business activities.

Plain Language

Writing that is clear, concise, well-organized, and follows other best practices to make information accessible and understandable to as many people as possible.

Non-Native English Speakers

Individuals whose first language is not English and who may use or learn English as a second or additional language.

Business Writing

A form of professional communication that includes emails, reports, proposals, and memos, focused on clear and concise language.