The term new normal
refers to a wide variety of context wherein something that was considered
abnormal before has found its commonplace or sort of became a norm. It is referenced
from the financial crisis during 2007-2008 and the global recession from
2008-2012.
The purchase of the rights to use another firm's technology in the scenario is known as outsourcing.
<h3>What is outsourcing?</h3>
It should be noted that outsourcing simply means the agreement in which a company hires another company in order to be responsible for certain activities.
In this case, this experienced when the firms purchase the rights to use another firm's technology.
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Answer:
The correct answer is:
b.) semistrong form efficient
Explanation:
In financial economics, the efficient-market hypothesis is a hypothesis that states that asset prices reflect all available information. The concept theorizes that the market is generally efficient, because it holds that a market cannot be beaten, because it incorporates all the important determination information into current share prices.
There are three versions of an efficient market hypothesis:
1. strong form efficient: This version states that all information - both information available to the public, and those not publicly known - is completely accounted for in stock prices, and there is no information type that can give an investor an advantage in the stock market.
2. semi-strong efficient: This version believes that only information readily available to the public can be used to factor prices and that changes in prices to new equilibrium levels are a product of this public information.
3. weak form efficient: This version assumes that current stock prices reflect all security market information. It contends that past price and volume data have no relationship to the direction or level of security prices. It concludes that excess returns cannot be achieved using technical analysis.
Cave-ins would be the answer.