You Specify That Your Trade Is to Be Made Only

question 192

Multiple Choice

You specify that your trade is to be made only at a certain price or better.You are placing a(n)

• A)stop order.
• B)limit order.
• C)market order.
• D)open order.
• E)closed order.

Recognize the implications of price changes on resource demand and employment levels.

Comprehend the concepts of derived demand and how it differs from final demand.

Understand the effects of complementary and substitute resources on productivity.

Differentiate between the substitution effect and the output effect and their impact on resource allocation.

---

Definitions:

Purchase Remorse

A feeling of regret or doubt experienced by a consumer after making a purchase decision.

Build-Up Method

A method used in finance to estimate the required rate of return on an investment, starting with a risk-free rate and adding risk premiums.

Market Potential

The estimated maximum total sales revenue of all suppliers in a specific market for a certain time period.

Entire Industry

The collective firms and activities involved in the production, distribution, and sale of goods and services in a particular sector of the economy.