Electricity $.15 per kwh Phone $30 per line Monthly Utilities Gas $1 per 100 cubic ft Phone $.10 per int'l min Water $.03 per 10 gallons Internet 1 Gbps $200 A business uses 1,900 kwh of energy, 3,700 ft3 of natural gas, and 9,000 gallons of water in a month. It also pays for 8 phone lines, 600 international minutes, and gigabit internet. Calculate the utility bill for the month.

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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.