A bubble is best defined as

Question

Quizplus · Accepted Answer

A bubble is an increase in the price of an asset that exceeds its fundamental value and is driven by factors other than the underlying fundamentals of supply and demand. This can lead to a rapid and unsustainable increase in prices, followed by a sharp decline or crash. Choice A describes a regular price increase driven by fundamental factors, while choices C and D describe price decreases also driven by either fundamental or non-fundamental factors.

A Bubble Is Best Defined as