A Stockbroker Placed the Following Order for a Customer: -50

question 2

Multiple Choice

A stockbroker placed the following order for a customer: -50 shares of Kaiser Aluminum preferred at $104 a share
-100 shares of GTE preferred at $25 1/4 a share
-20 shares of Boston Edison preferred at $9 1/8 a share
What is the weighted arithmetic mean price per share?

• A) $25.25
• B) $79.75
• C) $103.50
• D) $42.75
• E) None of the choices are correct.

---

Definitions:

Strong Unions

represent organizations that negotiate with employers on behalf of employees regarding wages, work conditions, and benefits.

Identical Preferences

The notion that two or more individuals value choices or outcomes in exactly the same way, having congruent likes and dislikes.

Productivity Factors

Elements that influence the efficiency and effectiveness with which resources are transformed into goods and services.

Highest Paying

Describing occupations or jobs that offer the most significant amount of monetary compensation.