There Are Nearly 3 Billion Shares of Facebook Stock

question 287

Multiple Choice

There are nearly 3 billion shares of Facebook stock. Sam, who owns 100 shares of the stock, hopes to raise the market price of the stock by buying another 100 shares. The main reason his endeavor will fail is that

• A) he is such a small part of the overall market that his extra demand will have a negligible effect on the market price.
• B) Facebook is a monopoly and therefore controls the price of its stock.
• C) the Securities and Exchange Commission will intervene if anyone tries to influence stock prices.
• D) the other stockholders will attempt to neutralize Sam's efforts.

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Definitions:

Hacker

An individual skilled in technology who utilizes knowledge to overcome limitations, often associated with unauthorized access to computer systems, though the term can also refer to innovative problem solving.

Legally

Pertaining to or concerning the law.

Windows Hello

A biometric authentication feature provided by Microsoft Windows that supports facial recognition, fingerprint reading, and iris scanning to secure user access.

Biometric Hardware

Devices that measure and analyze human physical and behavioral characteristics for authentication purposes, such as fingerprint scanners.