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Which of the Following Assumptions Regarding Price Movements Summarized by Levy

Question 75

Multiple Choice

Which of the following assumptions regarding price movements summarized by Levy (1966) are controversial?


A) Supply and demand determine the market value of any good or service.
B) Supply and demand are governed by numerous rational and irrational factors.
C) The prices for individual securities and the overall value of the market tend to move in trends.
D) All of the above assumptions are controversial.
E) None of the above assumptions are controversial.

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