The elimination of unexploited profit opportunities requires that ________ market participants be well informed.
A)all
B)a few
C)zero
D)many

Question

Quizplus · Accepted Answer

The elimination of unexploited profit opportunities only requires a few market participants to be well informed. These informed participants can take advantage of any profit opportunities, thereby eliminating them and bringing the market back to equilibrium. This does not necessitate all participants to be well informed.

The Elimination of Unexploited Profit Opportunities Requires That ________ Market