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Give Two Conditions That Are Important to the Efficient Market

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Essay

Give two conditions that are important to the efficient market theory. List one implication of the efficient market theory.


Definitions:

Social Class

Social class is a division of society based on social and economic status, influencing individuals' lifestyles, behaviors, and opportunities.

Marketing

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

Social Mobility

The relocation of single people, families, or groups across different levels within a social hierarchy or stratification system.

Social Stratification

The arrangement of individuals in a society into hierarchical levels based on factors like wealth, power, and social status.

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