Economy, asked by Hermin, 3 months ago

what is meant by efficient as regarded in a free market equilbrium ​

Answers

Answered by nishitha4
2

Answer:

Market efficiency refers to the degree to which market prices reflect all available, relevant information. If markets are efficient, then all information is already incorporated into prices, and so there is no way to "beat" the market because there are no undervalued or overvalued securities available.

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