The Experimental Evidence on Posted-Offer Pricing Suggests That

Multiple Choice

The experimental evidence on posted-offer pricing suggests that

A) such markets adjust more quickly to changing conditions than double continuous auctions markets do
B) such markets do not adjust as quickly to changing conditions as double continuous auction markets do
C) quantities adjust more quickly to changing conditions than prices do
D) prices adjust more quickly to changing conditions than quantities do
E) the quality of goods and services often adjusts more quickly to changing conditions that either price or quantity does