1. A watch store owner decided to offer 20% discount for a particular brand of watch that sells at P35.000.00. By doing so, his average sales increased from 5 watches to 12 wathes a day. If he bought one watch at a price of P22,000.00 from the supplier, by how much was his daily profit increased or decreased by offering such discount on the watch?

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Q: lifetime value

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A:

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A:

Q: 1. A watch store owner decided to offer 20% discount for a particular brand of watch that sells at…

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.