Why would an advocate of the efficient market hypothesis believe that even if many investorsexhibit the behavioral biases discussed in the chapter, security prices might still be set efficiently?

Answer and Explanation:

an Advocate of EMH believes that investor are kin to analyze and uncover any new information which may generate greater returns on the investment. also for that purpose they are willing to spend time and resourses.

it acts as an incentive for them as they believe efficient pricing of security depends upon requirement of rigorously efficient market information.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

answer; /// egg production using the factory technique falls less than with the free range technique;