Which of the Following Is a Characteristic of an Efficient

question 78

Multiple Choice

Which of the following is a characteristic of an efficient market?

• A) Small number of individuals
• B) Opportunities exist for investors to profit from publicly available information.
• C) Security prices reflect fair value of the firm.
• D) Immediate response occurs for new public information.

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Definitions:

Job Sharing

An employment arrangement where two people share the responsibilities, duties, and benefits of a full-time job.

Morning Shift

A work shift that typically starts in the early morning hours and concludes in the early afternoon.

Full-Time Position

Employment status where an individual works a minimum number of hours defined by their employer, typically around 40 hours per week.

Self-Determination

The process by which a person controls their own life, making choices and decisions based on their own preferences and interests without undue external influence.