At the Time of Writing, the Top Three Providers of Exchange-Traded

question 12

Multiple Choice

At the time of writing, the top three providers of exchange-traded funds in the United States were Blackrock, Vanguard, and State Street which accounted for almost 80% of the market. Which of the following concepts explains the market concentration?

• A) Economies of scale.
• B) Diseconomies of scale.
• C) Economies of scope.
• D) Diseconomies of scope.

---

Definitions:

Honestly

The quality of being truthful, sincere, and free from deceit or fraud in one's actions, expressions, and communications.

Yourself

The reflexive form of “you,” referring to the person being addressed by the speaker or writer.

Perceived Self

An individual's awareness of their unique characteristics, qualities, and the way they see themselves.

Job Satisfaction

The level of contentment individuals feel with their job, including aspects such as work environment, role, and remuneration.