The Transaction Cost of Trading of Financial Instruments in Centralized

question 10

Multiple Choice

The transaction cost of trading of financial instruments in centralized market is classified as

• A)flexible costs
• B)low transaction costs
• C)high transaction costs
• D)constant costs

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Definitions:

Societal Pressures

The force exerted by society on individuals to conform to expected norms and behaviors.

Explanations

Detailed accounts or statements that clarify, justify, or make a phenomenon understandable, often used to communicate complex ideas.

Organizational Tensions

Refers to conflicts or contradictions within an organization that stem from differing goals, values, or interests among its members or units.

Capricious

Given to sudden and unaccountable changes of mood or behavior.