Which of the following is a result of competition among brokerage firms?
A) Many full-service firms have lowered their commissions, while many discount brokers have begun offering investment advice and other services.
B) Most full-service firms do not charge fees for the services they provide, while most discount brokerage firms charge commissions based on the dollar value of the orders their clients place.
C) The commissions and fees charged by discount brokers are usually significantly higher, while full-service brokers charge flat fees of a few dollars per trade for simple transactions.
D) Discount brokers provide a wide range of services-such as research to identify good investment opportunities, financial planning, and tax advice, while full-service brokers buy and sell securities for their clients but offer few additional services.
Question 2
The right to choose means that consumers must have a choice of products offered by different manufacturers and sellers.
Indicate whether the statement is true or false
Size varies greatly among horse breeds, as with this full-sized horse and a miniature horse.
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Glaucoma. (a) A buildup of pressure within the eye cavities, often caused by a blockage of vessels t
Cretinism can result in a child born to a mother who was iodine deficient during early pregnancy
Economic objectives of firms
A random sample of 87 airline pilots recruited by an airline service had an average yearly ...