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Thinking about dealing on two-way prices, which of the following statements is not true?
Suggested Answer: B
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31 comments · newest first
VA
Vallie
11 months ago
Price-takers usually prefer lower offers, right?
CA
Carin
11 months ago
Wait, price-makers buy high and sell low? That sounds off.
NO
Norah
11 months ago
Price-takers wanting higher bids makes sense.
DE
Devorah
12 months ago
I disagree, I think price-takers can sell high too.
CO
Coletta
1 year ago
Price-makers definitely quote higher offers than bids.
LE
Leana
1 year ago
I recall that price-takers usually have less control over prices, so maybe C is the one that's not true, but I need to double-check that.
MA
Matthew
1 year ago
I feel like I might be mixing up the definitions; I thought price-makers always sell high, but now I'm questioning if that's true for all options.
OL
Olive
1 year ago
I practiced a similar question where price-takers always accept the market price, so I think D makes sense.
MA
Maira
1 year ago
I remember that price-makers set the prices, so I think option B sounds off, but I'm not entirely sure.
AU
Audria
1 year ago
Hmm, I'm a bit unsure about this one. I know price-takers sell low and buy high, but I'm not sure if that's the false statement here. I'll have to think it through carefully before selecting an answer.
CH
Chandra
1 year ago
I'm pretty confident that price-makers buy high and sell low, so that must be the false statement. The other options all seem to accurately describe the behavior of price-makers and price-takers.
RI
Richelle
1 year ago
Okay, let me think this through. Price-makers quote higher offers than bids, so that can't be the false statement. Price-takers prefer higher bids and lower offers, so that's also true. I'm leaning towards B or C.
NA
Nakisha
1 year ago
This question seems straightforward, but I want to make sure I understand the concepts of price-makers and price-takers before selecting an answer.
CO
Corazon
2 years ago
Haha, if price-makers bought high and sold low, they'd be out of business in no time. That's not how it works!
DA
Daniel
2 years ago
This question is making my head spin. I'll just go with option D and hope for the best!
CA
Cassie
2 years ago
User 3: Yeah, that makes sense. Let's go with option D.
HE
Helaine
2 years ago
I agree, price-takers prefer higher bids and lower offers.
ER
Erick
2 years ago
I think option D is correct.
IL
Ilene
2 years ago
Hmm, that makes sense. Price-takers are the ones who have to accept the prices offered to them.
CO
Corazon
2 years ago
Option C seems a bit off to me. Isn't it the other way around for price-takers? They buy high and sell low, right?
DE
Deandrea
2 years ago
I'm pretty sure the correct answer is B. Price-makers quote higher offers than bids, not the other way around.
IZ
Izetta
2 years ago
C) Price-takers sell low and buy high
LE
Leana
2 years ago
B) Price-makers buy high and sell low
YO
Yong
2 years ago
A) Price-makers quote higher offers than bids
HI
Hildred
2 years ago
I disagree, I believe the correct answer is C) Price-takers sell low and buy high.
VE
Veronika
2 years ago
Hmm, I think option B is the one that's not true. Price-makers definitely don't buy high and sell low, that's just silly!
DO
Dottie
2 years ago
Tomoko: Exactly, that's how they make a profit.
SO
Sophia
2 years ago
So, the correct statement is that price-makers buy low and sell high.
TO
Tomoko
2 years ago
Price-makers always aim to buy low and sell high.
EL
Elroy
2 years ago
I agree, option B doesn't make sense.
IL
Ilene
2 years ago
I think the answer is B) Price-makers buy high and sell low.