In Contrast to Public Markets, Private Markets Are Characterized by Individually

question 23

Multiple Choice

In contrast to public markets, private markets are characterized by individually negotiated transactions that take place without the aid of a centralized market. Therefore, private markets will generally have:

• A) High transaction costs and high liquidity
• B) High transaction costs and low liquidity
• C) Low transaction costs and high liquidity
• D) Low transaction costs and low liquidity

---

Definitions:

Yoga Studio

A dedicated space where individuals participate in yoga classes or practices, often led by experienced instructors, focusing on physical postures, breathing techniques, and meditation for health and relaxation.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Sales-Oriented

Pertains to strategies or cultures within businesses that prioritize achieving sales targets, often at the expense of customer satisfaction or long-term branding.

Pricing Strategy

A company's plan or approach towards setting prices for its products or services to maximize profitability and meet the market demand.