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Author Question: An efficient market is a market (Read 82 times)

fox

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on: Apr 19, 2019

Question 1

If you eat at a Las Vegas casino that charges $12 for its all you can eat buffet, then the marginal cost of your third trip to the buffet is


◦ zero.
◦ $4.
◦ $12.
◦ $36.

Question 2

An efficient market is a market


◦ that deals in unlimited resources.
◦ in which long-term profits are guaranteed.
◦ in which profit opportunities are eliminated almost instantaneously.
◦ in which there are no opportunity costs.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by fox on Apr 19, 2019

karlss

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fox

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Reply #2 on: Apr 19, 2019
Excellent


karlss

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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