Author Question: One well-established full-service stock brokerage charges 35 commissions per trade. A new online ... (Read 65 times)

crobinson2013 · **on:** Jun 29, 2018

One well-established full-service stock brokerage charges 35 commissions per trade. A new online brokerage charges 7.95 per trade. Yet, many people still elect to use the traditional, full service broker. Why?

A) They're fools.
B) They must not be aware of online brokers.
C) They might perceive the low commission to be a sign of low reliability.
D) They are failing to economize.

Question 2

When the price of a good increases,

A) supply increases.
B) quantity supplied increases.
C) supply decreases.
D) quantity supplied decreases.