A market in which profit opportunities are eliminated almost instantaneously is
A) a laissez-faire market.
B) a capitalist market.
C) a socialist market.
D) an efficient market.

Question

Quizplus · Accepted Answer

An efficient market is characterized by the rapid assimilation of information into asset prices, meaning that profit opportunities are quickly identified and exploited, leaving no room for abnormal or excess profits. This is the essence of the Efficient Market Hypothesis.

A Market in Which Profit Opportunities Are Eliminated Almost Instantaneously