An Analyst Has a Limit Order Outstanding on a Stock

question 22

Multiple Choice

An analyst has a limit order outstanding on a stock.He argues that the probability that the order will execute before the close of trading is 0.20.Thus,the odds for the order executing before the close of trading are ________.

• A)1 in 4
• B)1 in 5
• C)4 to 1
• D)5 to 1

Identify conditions under which consumers maximize utility.

Calculate the optimal consumption bundle in utility maximization problems.

Understand the implications of price changes on marginal utility and consumer choices.

Understand the criticisms of Freud's theory and how they differ from the principles of the humanistic perspective.

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