A(n)_____ Is One in Which Prices Do Not Reflect All

question 41

Multiple Choice

A(n) _____ is one in which prices do not reflect all available information.

• A)inefficient market
• B)primary market
• C)fully priced market
• D)inconsistent market

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Definitions:

Stimulus Generalization

The process in which a response to a specific stimulus becomes associated with other stimuli that are similar, leading to the same response.

Conditioned Stimulus

A stimulus that initially has no effect but becomes able to provoke a specific response through association with an unconditioned stimulus.

Extinction

In psychology, the process through which a conditioned response decreases or disappears as a consequence of repeated exposure to the conditioned stimulus without the unconditioned stimulus.

Stimulus Discrimination

The learned ability to distinguish between a conditioned stimulus and other stimuli that have not been paired with an unconditioned stimulus.