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A Market Maker Faces the Following Demand and Supply for Widgets.Eleven

Question 8

Multiple Choice

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 wants to make three transactions,what should he bid (the suppliers) 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 wants to make three transactions,what should he bid (the suppliers) ​


A) ​$9
B) $8
C) $7
D) ​$6

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