Deliberately Inputting Incorrect Big Figures into an Electronic Dealing Platform

question 1

Multiple Choice

Deliberately inputting incorrect big figures into an electronic dealing platform is:

• A) Technically impossible on electronic platforms
• B) Not an uncommon practice and something which profe
• C) Not good practice.
• D) A criminal offence.

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Definitions:

MC > ATC

Denotes a situation in which the marginal cost of producing an additional unit of a good is greater than the average total cost, implying that producing more of the good will increase the per unit cost.

Positive Profits

When a company or business generates earnings that exceed its costs and expenses, resulting in a net gain.

Market Price

The prevailing rate at which a good or service is available for purchase or sale on the open market.

Profit-maximizing

The process by which a firm chooses its production level and pricing to achieve the highest possible profit given its cost structure and market demand.