A perfect market results when all buyers and sellers are ________, and the market price is determined where there is ________.
A) price-takers; equality of supply and demand.
B) price-makers; equality of supply and demand.
C) price-takers; inequality of supply and demand.
D) price-makers; inequality of supply and demand.
Correct Answer:
Verified
Q2: _ are necessary to the smooth functioning
Q3: Which of the following statements is FALSE?
A)
Q4: In the United States, secondary trading of
Q5: A market is not perfect only because
Q6: Investors need brokers to help _.
A) execute
Q7: Investors in financial assets receive _.
A) illiquidity
Q8: _, orders are grouped together for simultaneous
Q9: In the absence of an effective short-selling
Q10: Without a secondary market, issuers would be
Q11: Which of the below statements is FALSE?
A)
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