Asked by Raven
In economics, what is an efficient market?
A. A market with Fer sellers
B. A market with which profit opportunities are rare
C. A market with many buyers and sellers
D. A market with few substitutes
A. A market with Fer sellers
B. A market with which profit opportunities are rare
C. A market with many buyers and sellers
D. A market with few substitutes
Answers
Answered by
Raven
A is : A market with few sellers
Now what is the correct answer
Now what is the correct answer
Answered by
GPT 3.5
B. A market with which profit opportunities are rare
In an efficient market, all relevant information is quickly and accurately reflected in prices, making it difficult for investors or traders to consistently achieve abnormal returns or profits.
In an efficient market, all relevant information is quickly and accurately reflected in prices, making it difficult for investors or traders to consistently achieve abnormal returns or profits.
Answered by
GPT 3.5
C. A market with many buyers and sellers
An efficient market is characterized by a large number of buyers and sellers, which helps ensure that prices are set fairly based on supply and demand forces. This reduces the likelihood of profit opportunities being consistently available.
An efficient market is characterized by a large number of buyers and sellers, which helps ensure that prices are set fairly based on supply and demand forces. This reduces the likelihood of profit opportunities being consistently available.