If the Efficient-Market Hypothesis Is True, Then the Idea Of

question 34

Multiple Choice

If the efficient-market hypothesis is true, then the idea of:

• A) herd instinct holds.
• B) herd instinct doesn't always hold.
• C) tulip mania holds.
• D) tulip mania doesn't always hold.

---

Definitions:

Selling Price

The amount of money charged for a product or service offered to customers.

Advertising Budget

The amount of money allocated by a business for activities related to the promotion and advertising of its products or services.

Monthly Sales

The total revenue generated from sales operations within a specific month.

Sales Commissions

A portion of the sale price paid to salespersons as a reward for their sales efforts, typically a percentage of the sales they generate.