Question: Random price movements (i.e. unpredictable price changes) indicate that ________. (a) investors are irrational (b) technical analysis to uncover trends can be quite useful (c)

Random price movements (i.e. unpredictable price changes) indicate that ________.

(a) investors are irrational

(b) technical analysis to uncover trends can be quite useful

(c) stock prices respond very slowly to both new and old information

(d) markets are functioning efficiently

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