Which of the Following Is NOT a Criterion for an Efficient

question 10

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 is necessary.

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Definitions:

Concurrent Interference

The prevention of learning when a stimulus intervenes between the conditioned and unconditioned stimuli or when a behavior occurs between the operant response and reinforcement.

Schedule-induced Polydipsia

An excessive drinking behavior induced by a schedule of intermittent reinforcement, often seen in laboratory animals.

Excessive Amounts

Quantities or volumes that go beyond what is normal, necessary, or reasonable.

Concurrent Interference Theory

Suggests that interference during the consolidation of information into memory occurs when two sets of information are processed in a similar timeframe.