For banks, bid price is lower than ask price.
举一反三
- For banks, bid price is higher than ask price.
- The correct statement about the bidding quotation is (). A: The bid price shall be lower than the market value of cost price, and lower than the social average cost price. B: The quotation can not be lower than the cost, but can be higher than the maximum bid price. C: If the quotation is lower than the cost, the bid evaluation committee shall reject the bid. D: The quotation can be lower than the cost, but not higher than the maximum bid price.
- A<br/>dealer in British pounds who thinks that the pound is about to<br/>depreciate ( ) A: may<br/>want to widen his bid-ask spread by raising his ask price. B: may<br/>want to lower his bid price and his ask price. C: may<br/>want to lower his ask price. D: none<br/>of the above.
- During a Deal, the reference price can be either Your Price or Sales Price, whichever is higher. You are allowed to change the Your Price or Sales Price fields to keep the reference price lower than Sales Price or Your Price.( )
- A price that is higher than the equilibrium price ( ) A: The producer cannot recover the production cost at this price. B: At this price, the quantity supplied is greater than the quantity<br/>demanded. C: Consumers are willing to purchase all products at this price. D: Demand is greater than supply at this price.