Business, 19.10.2021 14:00 gggghhhhhhhhhhhh
Find a false statement.
a. Rational market forecasts in an efficient market will not turn out to be wrong as prices reflect all available information.
b. Deviations from market efficiency may offer profit opportunities to better-informed traders at the expense of less informed traders.
c. If financial markets were inefficient, resources in the economy would be systematically misallocated.
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Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
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Find a false statement.
a. Rational market forecasts in an efficient market will not turn out to b...
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