The bid price a. is the price that the dealer has just paid for something, his historical cost of the most recent trade. b. is the price that a dealer stands ready to pay. c. refers only to auctions like eBay, not over-the-counter transactions with dealers. d. is the price that a dealer stands ready to sell at.

The correct answer is letter "B": is the price that a dealer stands ready to pay.

Explanation:

The price of the bid is the amount a buyer is willing to pay for a security. The bid price is opposed to the ask price which is the sum that a seller will consider for a security. The current price of a security is the last price paid for it and is usually different from both the bid and the ask.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; importance to people; or acceptance;