Which One of the Following Types of Markets Requires the Greatest

question 60

Multiple Choice

Which one of the following types of markets requires the greatest level of trading activity to be cost effective?

• A) Broker market
• B) Dealer market
• C) Continuous auction market
• D) Direct search market

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Definitions:

Whips

In parliamentary practice, members of a political party designated to enforce party discipline and ensure party member attendance and voting in line with party policies.

Cocoa

A powder made from roasted and ground cacao seeds, used in the production of chocolate, as well as in beverages and baking.

Consumption

The process by which goods and services are used up by consumers, reflecting economic activity and individuals' preferences.

Income

Financial gains received from work or investments, usually on a consistent basis.