One characteristic of efficient markets is that prices adjust rapidly to new information.

Name: One characteristic of efficient markets is that prices adjust rapidly to new information.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

An efficient market occurs when prices respond quickly to new information, when each successive trade is made at a price close to the preceding price, and when the market can absorb large amounts of securities or assets without changing the price significantly.

One Characteristic of Efficient Markets Is That Prices Adjust Rapidly