Kizspy Question: 5
(Choose 1 answer)
Which of the following statements is NOT true about broker markets?
A. Brokers charge commission fees for their services of bringing together buyers and sellers.
B. Brokers' extensive contacts provide them with a pool of price information that individual investors could not
economically duplicate themselves.
C. Investors have an incentive to hire a broker because what they charge as a commission is less than the
cost of direct search.
D. Brokers can guarantee an order because they have an inventory of securities.
