If investors can obtain transaction services as cheaply as possible, the market is said to be:
A) Price efficient.
B) Operationally efficient.
C) Weak form efficient.
D) Strong form efficient.
E) None of the above.

Question

Quizplus · Accepted Answer

Operationally efficient markets are those where investors can obtain transaction services as cheaply as possible, minimizing the costs of trading and information.

If Investors Can Obtain Transaction Services as Cheaply as Possible