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emyleepatton emyleepatton
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4 years ago
An efficient capital market is one where

▸ share prices accurately reflect information about companies' current and expected performance.

▸ commission is kept at a normal level as a result of the competition between brokers.

▸ investment products are sold at lowest average cost.

▸ All of the above
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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tlastertlaster
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4 years ago
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emyleepatton Author
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4 years ago
this is exactly what I needed
amandamraz
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This calls for a celebration Person Raising Both Hands in Celebration
sweetalia
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2 hours ago
Smart ... Thanks!
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