If the quote on stock is reduced, that implies
1. supply exceeded demand
2. demand exceeded supply
3. the price was too high
4. the price was too low
A)1 and 3
B)1 and 4
C)2 and 3
D)2 and 4

Question

Quizplus · Accepted Answer

When the quote on a stock is reduced, it typically means that the supply of the stock exceeded the demand for it, leading to a decrease in price. This scenario also implies that the initial price might have been too high, deterring buyers.

If the Quote on Stock Is Reduced, That Implies