A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5 . Eleven sellers are also willing to sell at the same prices. If the market maker decides to only make one transaction what is his profit/bid-ask margin

a. $8
b. $10
c. $12
d. $16

Economics

Asset demand for money is related to money functioning as a

A) unit of accounting. B) medium of exchange. C) store of value. D) medium of deferred payment.

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Economics

Parity price programs were designed to help farmers, not consumers of farm goods

Indicate whether the statement is true or false

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Economics