Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
In the auction market, why are multiple offers displayed for the same price?
In the auction market, why are multiple offers displayed for the same price?
- Sellers prefer to display their offers this way
- Orders are grouped together to show total quantity
- Buyers prefer to see multiple offers for the same price
- Orders are shown separately, unlike in the normal market (correct)
How would 50 quantities and 60 quantities of Idea being sold at ₹9 be displayed in the auction market?
How would 50 quantities and 60 quantities of Idea being sold at ₹9 be displayed in the auction market?
- Displayed based on seller preference
- A single offer for 110 quantities
- Grouped together to show total quantity
- Two separate offers (correct)
What is the key difference in displaying market depth between the auction market and the normal market?
What is the key difference in displaying market depth between the auction market and the normal market?
- Buyer preference for separate offers in the auction market
- Lack of seller preference in the auction market
- Separate display of orders in the auction market (correct)
- Grouping of all orders at the same price in the auction market
Flashcards are hidden until you start studying
