Which of the Following Is a Result of Competition Among

question 46

Multiple Choice

Which of the following is a result of competition among brokerage firms?

• A)Many full-service firms have lowered their commissions, while many discount brokers have begun offering investment advice and other services.
• B)Most full-service firms do not charge fees for the services they provide, while most discount brokerage firms charge commissions based on the dollar value of the orders their clients place.
• C)The commissions and fees charged by discount brokers are usually significantly higher, while full-service brokers charge flat fees of a few dollars per trade for simple transactions.
• D)Discount brokers provide a wide range of services-such as research to identify good investment opportunities, financial planning, and tax advice, while full-service brokers buy and sell securities for their clients but offer few additional services.

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Definitions:

Social Learning Theory

A theory that proposes people can learn new behaviors through observation and imitation of others.

Gender-typing

The process by which individuals come to acquire behaviors, interests, and beliefs that are culturally defined as appropriate for their gender.

Television Programs

Content produced for broadcast via television, encompassing various genres and formats such as news, drama, comedy, and documentaries.

Increase

Denotes a rise or growth in quantity, size, intensity, or another measurable factor.