Markets would be inefficient if irrational investors. a. existed; unlimited O b. did not exist; unlimited O c. existed; limited d. did not exist; limited and actions of arbitragers were.

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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Chapter3: Benefits, Costs, And Decisions
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Markets would be inefficient if irrational investors
a. existed; unlimited
O b. did not exist, unlimited
O c. existed; limited
O d. did not exist; limited
and actions of arbitragers were
Transcribed Image Text:Markets would be inefficient if irrational investors a. existed; unlimited O b. did not exist, unlimited O c. existed; limited O d. did not exist; limited and actions of arbitragers were
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