1. Provide a detailed explanation/discussion of the Efficient Market Hypothesis (EMH) and its implications in corporate finance. 2. Briefly explain how one can test its semi-strong form. Explain the factors that influence perception. What is your opinion o...
It assumes that the total variable costs and revenues would increase or decrease only due to a change in the number of units. There are no factors that will affect it. Costs – Either Variable or Fixed This assumption says that all the costs are either variable or fixed. In other words, ...