What is his bid-ask spread per unit

Assignment Help Accounting Basics
Reference no: EM133036703

Question -

Q1) A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. Eleven sellers are also willing to sale at the same price. How many transactions must the market maker make if he wants to maximize his profits?

a. 1

b.2

c.3

d.4

Q2) A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. eleven sellers are also willing to sale at the same price. If the market maker makes three transactions, what is his bid-ask spread per unit?

a. $4

b. $5

c. $6

d. $7

Reference no: EM133036703

Questions Cloud

Social media technology to engage with customers : Assess the management organization and technology issues for using social media technology to engage with customers
Examine three corporate business practices : Students are given an assignment to identify and research the main, or most important, issues by a company 'residential housing contruction'within of the follow
What factors should adel consider in deciding : 1. What factors should Adel consider in deciding whether or not to use a team for negotiation?
Elements of the strategic marketing process in srm : Outline the strategic marketing process. What are the basic elements of the strategic marketing process in SRM?
What is his bid-ask spread per unit : Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. What is his bid-ask spread per unit
Develop an effective strategy : You are a Supply Chain Procurement Manager working for a large manufacturing company located in North America.
Code of conduct-regulation : Analyse (identify in first column, then explain) a code of conduct/regulation for each row, applicable in the Real Estate industry.
Reflect on Australian digital health practices : Understanding of inter- and intra-personal relationships and public- private partnerships as they relate to digital health
How has the property dealt with risks : Michael Wallace was graduating from Algonquin College's two-year Hotel and Restaurant Management program. It had been a challenging three-and-a-half years of sc

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the journal entry at the date of the bond purchase

Prepare the journal entry at the date of the bond purchase. Prepare the journal entries to record the interest revenue and recognition.

  Inventory transactions

Inventory transactions.

  Determine the change in the daily contribution margin

Glamour Galore Manufacturing has two workstations, cutting and finishing. Determine the change in the daily contribution margin, if the change is made

  What is the amount and character of Enzo gain or loss

Enzo is a single taxpayer with the following gains and losses for 2019: $2,100 short-term capital loss. What is the amount and character of Enzo gain or loss

  Analyze the financial position of the university

Evaluate in terms of the technical quality of the changes he made and the methods he used to implement them

  Explain the seven critical questions a firm needs

Based on the article by Thakur et al. (2006), define a customer relationship management (CRM) system. Identify and explain the seven critical questions a firm needs to answer before implementing a CRM system.

  What is taxable income of red corporation

Red Corporation has taxable income before DRD of $174,000. Included in that amount is a dividend of $20,000 from a large publicly-traded domestic corporation.

  Determine the net present value

Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $171,844, Determine the net present value

  What is the taxable income for Mr Martin

Mr. Martin owns investment in various corporations. At this time the shares are trading at $20 per share. What is the taxable income for Mr. Martin

  What is the corporation taxable income for this year

For tax purposes, the corporation elected bonus depreciation for the asset. What is the corporation's taxable income for this year

  A companys board of directors votes to declare a cash

1 a companys board of directors votes to declare a cash dividend of 75cent per share. the company has 15000 shares

  How to rectify such error in the books of accounts

When the credit invoice is issued by the business has not been recorded, what type of error would that be and how to rectify such error in the books of accounts

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd