Question

an order book displays the following information: buy orders sell orders shares price shares price 100 $18.07 100 $18.11 500 $18.06 500 $18.12 300 $18.05 100 $18.12 you place an order to sell 100 shares. at what price will your order be executed? group of answer choices

Answer 1

According to the given situation in question, the price at which an order is executed is $18.08.

Why is order crucial in business?

With order management, a company may find it difficult to properly fill orders or may even become overwhelmed by them. To ensure you don't accept anymore orders than you are able fulfill, the first step in good order management is to maintain inventory records on hand against orders taken.

What does business order mean?

The ordering field is utilized, as you said, to guarantee that business rules are executed in the correct order. You cannot ensure which business rule will run first if they are in the same sequence. The order turns into a legal agreement between the buyer and the vendor. The buyer agrees to pay for and receive an item from the seller. Obtaining orders is a company's first priority.

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