Solve the Problem. -The Stock Market Gained 54 Points on Tuesday and Lost

question 44

Multiple Choice

Solve the problem.
-The stock market gained 54 points on Tuesday and lost 56 points on Wednesday. It had closed on Monday at 2788 points. Where did the market close on Wednesday?

• A) 2898 points
• B) 2790 points
• C) 2786 points
• D) 2678 points

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Definitions:

Conglomerate Merger

A type of merger where two or more companies in unrelated business sectors combine.

Distinct Industries

Sectors of the economy that produce different types of goods or services, separated by clear boundaries in terms of product types and market applications.

Market Shares

The segment of a market dominated by a specific company or product.

Natural Monopolists

Firms that can provide a product or service at a lower cost than any competitor, often due to economies of scale, resulting in a single supplier in the market.