4. Which of the following statements about market efficiency is/are true? * (a) If a market is weak-form efficient, it is automatically also semi-strong form efficient. (b) If a market is weak-form efficient, fundamental analysis is a waste of time. (c) If a market is weak-form efficient, technical analysis is a waste of time. (a) only. O (b) only. O (c) only. O (a) and (b) only. O (b) and (c) only. (a) and (c) only.
4. Which of the following statements about market efficiency is/are true? * (a) If a market is weak-form efficient, it is automatically also semi-strong form efficient. (b) If a market is weak-form efficient, fundamental analysis is a waste of time. (c) If a market is weak-form efficient, technical analysis is a waste of time. (a) only. O (b) only. O (c) only. O (a) and (b) only. O (b) and (c) only. (a) and (c) only.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 2DQ: What are the features of a perfectly competitive market? Give two examples of competitive markets....
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