When a market is internally efficient,it means that
A) The market has price continuity.
B) The market has minimal transactions costs
C) The market has good depth
D) The market has more buyers than sellers
E) The market has more sellers than buyers

Question

Quizplus · Accepted Answer

Internal market efficiency refers to the market's ability to swiftly and accurately reflect all available information in the price of the traded asset. Transactions costs refer to the expenses incurred by investors when buying or selling assets, and an internally efficient market has minimal transactions costs.

When a Market Is Internally Efficient,it Means That