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A Prediction Market Involves

Question 43

Multiple Choice

A prediction market involves:


A) leveraging customers to virally promote a firm's products or services.
B) aggregating the opinions of a specialized group of experts who analyze a problem and suggest solutions.
C) making calculated estimates on the prices of goods and services based on the speculation of a group of experts.
D) polling a diverse crowd and aggregating opinions to form a forecast of an eventual outcome.
E) trading on essential goods and services with a view of making a profit by hiking prices at a time of high demand.

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