The Bid Price for Sun Microsystems (JAVA)is Currently $16

question 19

Multiple Choice

The bid price for Sun Microsystems (JAVA) is currently $16.22 and its ask price is $16.23. Your broker charges a commission of $13 per transaction. What are the total costs of buying and
Selling 1,000 shares of JAVA as a percentage of the invested dollars?

• A)0.22%
• B)0.43%
• C)0.02%
• D)0.18%

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Definitions:

Product Focus

A strategic approach that centers on developing and marketing a specific product or product line.

High Fixed Costs

Costs that remain constant regardless of the level of production or sales in a business, such as rent, salaries, or equipment leases.

Low Variable Costs

A situation where costs that vary with the level of production or service delivery are kept minimal.

Process-Oriented Facilities

Facilities designed around the specific processes and activities involved in production, often tailored to handling a variety of product types or flexible manufacturing.