An Order Which Is Activated Only When the Price of the Stock

question 1

Multiple Choice

An order which is activated only when the price of the stock reaches or passes through a predetermined limit is called the:

• A) stop order.
• B) day order.
• C) limit order.
• D) market order.

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Definitions:

Duopolists

Refers to two companies or entities that dominate or control an entire market for a particular product or service, shaping prices, supply, and competition.

Monopolist

A monopolist is an entity or firm that has exclusive control over a market for a particular good or service, enabling it to adjust prices without direct competition.

Collude

To cooperate with others, often in secret and unlawfully, in order to deceive or gain an unfair advantage.

Output

The quantity of goods or services produced by a firm, industry, or economic system in a given period.