A "Round Lot" Consists of How Many Shares

question 2

Multiple Choice

A "round lot" consists of how many shares?

• A) 1
• B) 10
• C) 100
• D) 1,000

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Definitions:

Imperfectly Competitive Market

A market structure where individual sellers have some control over the price of their goods due to lack of perfect competition, often resulting in higher prices for consumers.

Union Membership

The state of being a part of an organized association of workers created to protect and further their rights and interests.

Shirking

The behavior of employees who avoid or reduce work effort, underperforming in their job responsibilities, often when unsupervised or inadequately monitored.

Unionization Rate

The percentage of a particular population of workers that belongs to labor unions; alternatively, the percentage of a population of workers that is represented by one union or another in collective bargaining.