One of the roles of a government is to limit the market power of monopolies or even to eliminate them entirely due to <u>market inefficiencies.</u>
<h3>What is market inefficiencies?</h3>
An inefficient market, which can happen for a number of reasons, is one where an asset's prices do not fairly reflect their true value, in accordance with economic theory.
Deadweight losses are often the result of inefficiencies. The majority of markets do, in fact, exhibit some degree of inefficiency, and in the worst situation an inefficient market might serve as an illustration of a market failure.
According to the efficient market hypothesis (EMH), in a market that functions effectively, asset prices always reflect the true worth of the asset. For instance, a stock's current market price ought to accurately reflect all information that is now publicly available about it.
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I believe the answer is: Reliability
The concept of reliability refers to the type of situation where researchers typically obtain a certain conclusion and this conclusion would be applicable to other population that have different characteristic. Concluding researchers wiithout proofing their reliability would make the result seen as luck/ and non-usable work result.
Updating skills is related to competence, not disclosing the information is related to confidentiality, being courteous is related to professionalism, and keeping in mind the client's benefit is related to integrity.
<h3>What is the code of ethics for financial planners?</h3>
The code of ethics for financial planners is a document that states the principles financial planners need to follow to act in the best way from an ethical and moral perspective.
<h3>What is integrity?</h3>
This principle implies being honest and acting in favor of customers. Due to this, integrity is mostly related to keeping the client's benefits in mind when making decisions.
<h3>What is confidentiality?</h3>
This principle implies using the client's information only for professional purposes and avoiding disclosing this information to others. Due to this, this principle is related to not disclosing information.
<h3>What is professionalism?</h3>
This principle involves acting based on professional principles, which includes aspects such as a neat appearance, appropriate language, good communication etiquette, etc. Due to this, this principle is related to being courteous.
<h3>What is competence?</h3>
This principle implies having the knowledge and skills required for your profession. Therefore, it is related to updating skills and knowledge if necessary.
Note: This question is incomplete because some options are missing. Here are the options:
- Integrity
- Confidentiality
- Professionalism
- Competence
Learn more about competence in: brainly.com/question/5607194
Well, in order to understand the reason behind a <em>fight</em> we should probably first look at the definition in order to give a valid reason.
Ignorance is the lack of information, or knowledge.
Why should we help the world become a little less <em>ignorant</em> and a bit more <em>intellectual</em> or a bit more tactical on common sense?
Let's take a guy, in one of my grades, who randomly turned around and called me a terrorist one day. I bet he didn't know the meaning but assumed that the term was used so often that he decided to use it, too. The reason? The news now tends to show negativity towards many groups, whether in minority or majority, depending on cultural differences and the country. Now, as I hope you know-not every Muslim is a terrorist, but many terrorists are Muslim which brings the bad view on us because of a minority who made bad decisions. We, or at least ignorant people, have lost the impact of thinking for ourselves and we have become more indecisive. We are not perfect, but we should at least learn from critical points and information.
Knowledge, or information, can come from various sources; some accurate, most not (depending on where you look) and these days the world has become a bit more tech savvy meaning that our research is mainly gathered from sources online rather than from libraries or old scriptures. As we all know, information is not always accurate on the internet. Sadly, teachers have taken a means to do research online, even quizzes and tests. Some courses and classes are even taken online.
Back to my point, knowledge and information can come from many sources and can have no boundaries as to what information/knowledge is applied. If someone is ignorant, they may lack a means of mannerism. They can be a bit rude, or easily irritated or angered. They may not be good at social interaction, or even communication skills.
Communication skills and social interaction still remain a wide part of this world; even in the virtual world, there are chatting sites online or games that require a player to chat with others or make friends online. Of course, communication skills are key because in order to have mutual respect, trust and confidence you need to be able to see the person's facial expressions and body language. Which are taken away, due to anonymity and not everything needing cameras, in the virtual world making the impact of reading between the lines greater than it used to be. Now, if there are ignorant people online, and in the real world, then we'd have a harder time accomplishing something and an ever easier time accomplishing nothing, by nothing I don't mean the literal emptiness or "nada". I mean nothing useful, or something that we can use later on in life, something that we can learn from. (Unless learning that we should be less ignorant and more informative is of any help, or considered useful information)
We should <em>fight</em> ignorance however, we should also keep in mind that some people are just slow and need to take some time to recap every little short lesson. Which is actually not ignorance, but a greater way to deal with harder lessons to come later in the future.
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Am I ignorant based on my answer above? I hope not, it was just an opinionated answer. I hope I helped, I tried my best (English isn't my native tongue, by the way).
