Spring Aire Is Attempting to Sell 600 Shares of Stock

question 3

Multiple Choice

Spring Aire is attempting to sell 600 shares of stock via a Dutch auction.The bids received were Bidder A,200 shares at $47; Bidder B,300 shares at $46; Bidder C,600 shares at $45; and Bidder D,500 shares at $43.How many shares will Bidder A be able to purchase?

• A)0 shares
• B)50 shares
• C)140 shares
• D)109 shares
• E)200 shares

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Definitions:

Southern Ontario

A region in Canada, characterized by its economic activity, agricultural lands, and being home to a significant portion of Canada’s population.

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Salmon species found along the Pacific Coast of North America, facing challenges from overfishing, habitat loss, and climate change.

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An ancient, jawless fish known for its parasitic feeding habits, attaching to and feeding on the blood of other fish.