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Fantom [35]
3 years ago
6

Richard wants to buy additional stock in Rancor Mobil, but the price of the stock has fluctuated in recent days. He wants to mak

e sure he does not pay too much. His analysis suggests that $80 per share is the highest price he should pay. Richard is likely to place a _____ with his broker.
Business
1 answer:
kvasek [131]3 years ago
8 0

Answer:

Limit order.

Explanation:

A limit order is an order executed in part or in full when a price level previously defined by it has been reached. In case of a partial execution, the order remains active until executed in full within its validity period or until cancelled.

Limit order in the L2 module :

- executed only at the specified price and only with Deltastock as a liquidity provider ;

- when another liquidity provider is used, the order is executed as a market order when the requested price is met and with the provider first to quote that price.

- in case of a partial execution of a limit order in the L2 module, the remaining amount constitutes a new limit order, valid until executed or cancelled.

You might be interested in
TuckIn, a restaurant chain, has hired a market research company to help it better understand its customers and their preferences
ludmilkaskok [199]

Answer:

B. The results are objective.

Explanation:

Thei return with the information that customer demand for quality in their dinner weren't met.

When the customer order something it is a plate it likes therefore, it should not return the order. If it does then, the restaurant is not doing a good job in the quality department.

It should check now for either decrease in their quality or adapt into the customers preference change

5 0
3 years ago
Read 2 more answers
The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of the good rises, and
oksano4ka [1.4K]

The given statement about the law of demand is false and the appropriate law is explained below.

<h3>What is Law of Demand?</h3>

This refers to the economic principle which states that when there is an increase in demand for a product, then the price of the good will decrease.

With this in mind, we can see that the law of demand works with  the supply of goods as if for example there is an increase in price for a particular bar of soap, then the demand reduces.

Read more about law of demand here:
brainly.com/question/1078785

5 0
2 years ago
_____ is collected by outside organizations such as federal and state governments, trade associations, nonprofit organizations,
Zepler [3.9K]

Answer: External secondary data

Explanation:

External secondary data are data gathered and saved by someone or a body that is not part of one's organization. Sources of External secondary data includes published materials, computerised databases and syndicated services.

Note that how difficult or easier it will be getting a secondary data will depend on the methods used in storing and indexing it.

6 0
3 years ago
Henry, Bekah, and Marcella are on the five-member Benefits Task Force that is researching options for the new benefits package.
xeze [42]

Answer:

groupthink.

Explanation:

Analyzing the above information, it is correct to state that Henry, Bekah and Marcella are involved in the groupthink heuristic, which occurs when there is a group consensus regarding an idea or motivation, in favor of unanimity, without ever researching and evaluating accurately the decision, as stated in the statement in the question.

Groupthink is a phenomenon that occurs when members give up their individual opinion and agree with some suggestion from other members to avoid conflict and keep the group cohesive. This can be a negative behavior when group cohesion becomes more relevant than an opinion and constructive suggestion for the group's challenges.

4 0
3 years ago
First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest
Anarel [89]

Answer:

$14,343.25

Explanation:

First city bank pays 8% simple interest in a savings account

Second city bank pays 8% interest compounded annually

$68,000 is deposited deposited in each of the bank

The first step is to calculate the simple interesr per year of first city bank

= principal × rate

= 68,000 × 8/100

= 68,000 × 0.08

= 5,440

The interest earned for the period of 8 years can be calculated as follows.

= 5,440 × 8

= 43,520

The balance at the end of 8 years can be calculated as follows

= 68,000 + 43,520

= 111,520

The next step is to calculate the future value of second city bank

= principal × (1+R)^n

= 68,000 × (1+8%)^8

= 68,000 × (1+0.08)^8

= 68,000 × 1.08^8

= 68,000 × 1.85093021

= 125,863.25

Therefore the amount of money earned from second city bank at the end of 8 years can be calculated as follows

= 125,863.25-111,520

= 14343.25

Hence the money that was earned from second city bank at the end of 8 years is $14,343.25

8 0
3 years ago
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