Question: Markets tend to be efficient when Multiple Choice O O all investors are required to be rational. arbitrage is unlawful. prices adjust to new information

Markets tend to be efficient when Multiple Choice O O all investors are required to be rational. arbitrage is unlawful. prices adjust to new information slowly. amateurs dominate the market. Say professional arbitrage exceeds amateur speculation.
 Markets tend to be efficient when Multiple Choice O O all

Markets tend to be efficient when Multiple Choice all investors are required to be rational. arbitrage is unlawful. prices adjust to new information slowly. amateurs dominate the market. professional arbitrage exceeds amateur speculation

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