Which of the Following Will Tend to Increase Transaction Costs

question 11

Multiple Choice

Which of the following will tend to increase transaction costs?

• A) Buying or selling fewer than 100 shares at a time.
• B) Buying or selling shares through an on-line broker.
• C) Buying or selling more than 1000 shares in a single trade.
• D) Buying or selling at times when volume is high and the exchanges are busy.

---

Definitions:

Cross-Cutting Relations

A geological principle stating that any geologic feature that cuts across another feature must be younger than the feature it cuts.

Inclusions

Pieces of one rock unit that are enclosed within another rock unit, often used in geology to determine the relative age of rock layers.

Original Horizontality

A principle stating that sedimentary rocks are deposited in horizontal or nearly horizontal layers under the action of gravity.

Superposition

A principle that states in an undisturbed sequence of rocks, layers of rock were deposited in order from bottom to top according to their age, with the oldest at the bottom and the youngest at the top.