Which of the following is an implication of market efficiency

Which of the following is an implication of market efficiency? (There may be more than one right answer) (a) Resources are allocated among firms efficiently (i.e. put to best use) (b) No investor will do better than the market in any time period (c) No investor will do better than the market consistently (d) No investor will do better than the market consistently after adjusting for risk (e) No investor will do better than the market consistently after adjusting for risk and transactions costs (f) No group of investors will do better than the market consistently after adjusting for risk and transactions costs.; Which of the following is an implication of market efficiency? (There may be more than one right answer) (a) Resources are allocated among firms efficiently (i.e. put to best use) (b) No investor will do better than the market in any time period (c) No investor will do better than the market consistently (d) No investor will do better than the market consistently after adjusting for risk (e) No investor will do better than the market consistently after adjusting for risk and transactions costs (f) No group of investors will do better than the market consistently after adjusting for risk and transactions costs.


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