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Nataly [62]
2 years ago
7

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 sell at the same prices. If the market maker decides to only make one transaction what is his profit/bid-ask margin a. ​$16 b. ​$12 c. ​$8 d. ​$10
Business
1 answer:
tekilochka [14]2 years ago
7 0

Answer:

The market maker's profit/bid-ask margin is d. ​$10.

Explanation:

The market maker would like to select the buyers willing to buy at $15 and the seller willing to sell at $5.  His spread will be the difference between $15 and $5, which is $10.

In this example, the market maker is an individual market participant who buys and sells widgets at prices displayed in the market.  These prices prices at which buyers and sellers are willing to buy and sell.  Since his primary goal is to make enough profit, he is likely to sell to the buyer with the highest bid price and buy from the seller with the lowest ask price, if this were possible at all times.

The bid-ask spread is the amount by which the ask price exceeds the bid price.

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Swazzi has released a new line of sweater vests, but they are selling poorly. Store managers say they need same-day information
BARSIC [14]

Answer:

Since Store managers say they need same-day information on the company's advertising plans, store managers can email me directly for this information.

Explanation:

The situation at Swazzi is precarious since they are not selling the new line of sweater vests well enough to match their sales forecast.

Store managers who are interacting with the consumers at their different outlets will definitely try to find a way to drive sales, hence their request for same day advertising plans from the company.

Mitigating this short fall calls for escalating and responding to requests from the company and the store managers hence the need for a very fast and cost effective communication medium.

For swift communication between the company and store managers, it is okay for store managers to email their request directly and vice versa.

6 0
2 years ago
Maryland Incorporated produces toys. Total manufacturing costs are​ $360,000 when​ 50,000 toys are produced. Of this​ amount, to
Aleonysh [2.5K]

Answer:

$458,000                

Explanation:

The computation of the total production cost in case of 85,000 toys are produced

The fixed cost is

= Total manufacturing cost - total variable cost

= $360,000 - $140,000

= $220,000

And, the variable cost per unit is

= $140,000 ÷ 50,000 toys

= $2.8

So for 85,000 toys, the total production cost is

 = Fixed cost + Variable cost × variable cost per unit

= $220,000 + 85,000 toys × $2.8

= $220,000 + $238,000

= $458,000                                                                                

5 0
2 years ago
______(1)______ is an application of commercial photography used to sell a service or product, where as ______(2)______ is an ap
NemiM [27]

Answer:

The correct answers that fills the gaps are: Advertising; Fashion.

Explanation:

Fashion is reinvented through advertising. And is that clothing companies, when advertised, make a show of provocation and transgression.

Fashion advertising is tremendously grateful from the aesthetic point of view. It stands out that this publicity is always ahead. Their campaigns were the first to return to black and white, to resort to burned lighting, to casual aesthetics.

Freedom must be the engine of every publicist since they do not impose any limits. Although we must not forget the power of their work for society, so we always expect them to act responsibly.

4 0
2 years ago
Read 2 more answers
Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an
Nataly [62]

Answer:

1.60

Explanation:

($500,000 - $100,000)/250,000

3 0
2 years ago
If the Sampson Company, a supplier of wood, understands the needs and requirements for wood for a few firms within a NAICS class
Helen [10]

Answer:

The answer is "Option c".

Explanation:

The customer service must matter arising' needs to fulfill everyone. The Sampson Company, a timber manufacturer, understands the wood specifications or conditions for several firms within the NAICS category. Within this case, the Dunn Company will develop the timber specifications or criteria of all firms underclass.

5 0
2 years ago
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