Take a few minutes to the read the question below and explain it. The government outlawed...
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Take a few minutes to the read the question below and explain it. The government outlawed use of radar detectors used by motorists to evade speeding tickets. The stock of company ABC, a manufacturer of radar detectors fell by 25% in few minutes. The circuit breaker kicked in. When the market allowed trading in the stock 15 minutes later, it fell further by 25%. At this point, the second circuit breaker kicked in and trading was halted for the day. When the market opened the next day, the stock declined a further 25% and the circuit breaker halted the trading for the entire day. Did the circuit breaker do a good job in this scenario? Take a few minutes to the read the question below and explain it. The government outlawed use of radar detectors used by motorists to evade speeding tickets. The stock of company ABC, a manufacturer of radar detectors fell by 25% in few minutes. The circuit breaker kicked in. When the market allowed trading in the stock 15 minutes later, it fell further by 25%. At this point, the second circuit breaker kicked in and trading was halted for the day. When the market opened the next day, the stock declined a further 25% and the circuit breaker halted the trading for the entire day. Did the circuit breaker do a good job in this scenario?
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