Which of the Following Is Not a Recent Trend in Investment

question 20

Multiple Choice

Which of the following is not a recent trend in investment banking?

• A) Consolidation of capital among a few investment bankers
• B) Specialization of investment banking
• C) The use of shelf registration by smaller investment bankers
• D) The movement of non-brokerage firms into the brokerage area

---

Definitions:

Demand

The level of demand for a good or service, depending on consumers' readiness and capacity to buy at various prices.

Equilibrium

A state in an economy or market where demand equals supply, and there is no tendency for change.

Complements

Goods or services that are used together, where the increase in the demand for one leads to an increase in the demand for the other.

Substitutes

Goods or services that can replace each other in usage, providing similar utility to the consumer.