The efficient markets theory of stock prices, says that new information
a. is quickly and completely incorporated into stock prices
b. is incorporated into stock prices only when discovered by fundamental analysis
c. causes stock prices to increase
d. has little impact on stock prices
e. is incorporated into stock prices with a time lag of a few days
A
You might also like to view...
Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for $30 a day each and hires workers at a wage rate of $40 a day
If Cindy produces 20 sweaters per day, what is her average fixed cost of production? A) $3.00 B) $3.33 C) $8.00 D) $11.00
When the marginal revenue product of an input is less than its price, the
a. producer should expand the use of that input. b. price of the input will automatically rise in a free market. c. producer should reduce the use of that input. d. marginal physical product of that input must be below its average physical product.