A company produces and sells twò models of product X: X1 and X2. The selling price of X1 is 15 € and X2 is 25 €. The management budgets sales semiannually. Its projeotion for the first 2 quarters of year 20xx are as follows: Unit sales Product Quarter 1 Quarter 2 X1 20 000 22 000 X2 15 000 12 000 No cahnges in selling prices are anticipated. The task: Prepare a sales budget for the 2 quarters ending June 30, 20xx. List the products and show for each quarter and the 6 months, units, selling price, and total sales by product and in total.

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.