Q227
Which of the following is not considered to be a drawback of Internet auctions?
A.
market inefficiency
AnswerB.
trust risks
C.
fulfillment costs
D.
delayed consumption costs
Answer: Option A
Solution
Answer: Option A
Solution:
Market inefficiency is not considered to be a drawback of Internet auctions. A market anomaly (or market inefficiency) in a financial market is a price and/or rate of return distortion that seems to contradict the efficient-market hypothesis.