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 decides to only make one transaction what is his profit/bid-ask margin
A) $8
B) $10
C) $12
D) $16
Correct Answer:
Verified
Correct Answer:
Verified
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