An Order Book Displays the Following Information You Place a Market Order to Sell 200 Shares

question 24

Multiple Choice

An order book displays the following information:
$\begin{array}{cccc}\text { Buy Orders}& \text { Sell Orders}\\\hline \text { Shares }\quad \text { Price } & \text { Shares } \quad \text { Price } \\200 \quad \$ 18.15 & 100 \quad \$ 18.17 \\300 \quad \$ 18.14 & 500 \quad \$ 18.18 \\100 \quad \$ 18.14 & 100 \quad \$ 18.19\end{array}$

You place a market order to sell 200 shares. At what price will your order be executed?

• A)$18.13
• B)$18.14
• C)$18.15
• D)$18.16
• E)$18.17

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Definitions:

Systematic Desensitization

A behavioral technique used to help individuals overcome phobias and anxiety disorders through gradual exposure to the feared object or situation paired with relaxation exercises.

Realism

A philosophy that emphasizes the representation of the world in a truthful, objective manner, without idealization.

Continuum

A continuous sequence, range, or whole extent of items, elements, values, or conditions, where no part is fundamentally different from adjacent parts, although the extremes are quite distinct.

Reciprocal Inhibition

A psychological principle where the induction of a response incompatible with anxiety automatically leads to the reduction of anxiety.