Which of the Following Is Considered an Organised Stock Exchange

question 15

Multiple Choice

Which of the following is considered an organised stock exchange?

• A) Johannesburg Securities Exchange (JSE)
• B) National Association of Security Dealers Automated Quotation System (NASDAQ)
• C) Over-the-Counter (OTC) market
• D) All of the above are organized exchanges.
• E) None of the above is an organized exchange.

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Definitions:

Marginal Revenue Curve

A graphical representation showing how much additional revenue a firm will generate by selling one more unit of a product or service.

Marginal Revenue

The extra income a business earns by selling an additional unit of a product or service.

Profit-Maximizing

The process or strategy aimed at achieving the highest possible profit from products or services.

Loss-Minimizing

A strategy or approach aimed at reducing losses in business operations to the lowest possible level.