Whenever the price of an asset rises above what appears to be its fundamental value, the market is said to be experiencing a
A)conjectural mistake.
B)fundamental mishap.
C)speculative bubble.
D)temporary inefficiency.

Question

Quizplus · Accepted Answer

A speculative bubble occurs when the price of an asset rises significantly higher than its intrinsic or fundamental value, often driven by investor behavior rather than underlying economic factors.

Whenever the Price of an Asset Rises Above What Appears