Markets in Which Information Travels Quickly and Is Immediately Reflected

question 60

Multiple Choice

Markets in which information travels quickly and is immediately reflected in prices are called:

• A)informed markets.
• B)quick markets.
• C)liquid markets.
• D)efficient markets.

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Definitions:

Marketing

The process of promoting, selling, and distributing a product or service, including market research and advertising.

Network Externality

A situation where the value of a product or service increases as the number of users expands.

Standardization

The process of developing and implementing technical standards to ensure the compatibility, safety, and quality of products and services.

Software Applications

Programs designed to perform specific tasks or functions for the user.