Another Way to State the Efficient Market Condition Is That

question 30

Multiple Choice

Another way to state the efficient market condition is that in an efficient market,

• A) unexploited profit opportunities will be quickly eliminated.
• B) unexploited profit opportunities will never exist.
• C) arbitrageurs guarantee that unexploited profit opportunities never exist.
• D) both A and C of the above occur.

---

Definitions:

Product Development

The process of creating, designing, and bringing a new product to market.

Drawings

Artistic representations or diagrams made using a pen, pencil, or other implements on a surface.

Photographs

are images captured by a camera, used to record or express scenes, events, or portraits.

Photographs

Photographs are images captured by a camera that visually record scenes, people, or objects, preserving moments in time for future reference or enjoyment.