• 2021-04-14
    For banks, bid price is lower than ask price.
  • 内容

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      1、In general, the relationship between cash exchange rate and spot exchange rate is ( ) A: The selling price for cash is lower than the selling price for foreign exchange B: The purchase price for cash is lower than the purchase price for foreign exchange C: The purchase price for cash is higher than the purchase price for foreign exchange D: The selling price for cash is higher than the selling price for foreign exchange

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      ( ) Pricing means the price of a product is initially set at a price lower than the eventual market price, to attract new customers.

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      The bid price for a bank is 1.2400 US dollar per euro; and the ask price is 1.2408 dollar per euro. The spread would be __________.

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      If the bid price is 1.84 and the ask price is 1.96, what is the bid-ask margin? A: 12% B: 1.2% C: 6.1% D: 6.5%

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      A monopolist with price discrimination will ( ) A: get lower profit than if the firm charged a single, profit-maximizing price. B: get higher welfare surplus than if the firm charged just one price. C: get higher profit than if the firm charged just one price. D: capture more consumer surplus.