Listed here are product costs for production of soccer balls. Classif Product Cost 1. Rubber bladder interior for balls 2. Factory building rent 3. Wages of factory machine operators 4. Factory insurance used up 5. Needles used in stitching soccer balls 6. Annual flat fee paid for factory cleaning 7. Wages of factory maintenance workers 8. Factory utilities 9. Annual flat fee paid for factory security 10. Wages of product assembly workers Direct or Indirect

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A:

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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.