Consider an ETF That Is Made Up of One Share

question 45

Multiple Choice

Consider an ETF that is made up of one share each of IBM,MRK,and C.The minimum ask price for this ETF in a normal market is closest to:

• A)$162.85
• B)$163.00
• C)$168.00
• D)$168.10

Predict the effects of supply and demand shifts on the equilibrium price and quantity in graphical representations.

Examine the role of government regulations and their impact on market supply, demand, and prices.

Analyze the implications of market surpluses and shortages.

Identify the consequences of changes in factors that affect demand and supply for complements and substitutes.

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Definitions:

Cosmopolitanism

A philosophic, social ideology advocating for global citizenship where individuals transcend local or national boundaries to embrace shared human values and responsibilities.

Compatibility

The ability of systems, devices, or products to work together without conflict, often requiring standardization or adaptation to enable interoperability.

Competitive Advantage

A scenario or factor that gives a firm an upper hand or superior stance against its competition.

Observability

The degree to which the results or benefits of a product or innovation are visible and understandable to others.