Business, 16.07.2020 05:01 lorrainelopez

A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. Eleven sellers are also willing to sell at the same prices. How many transactions must the market maker make if he wants to maximize his profits?

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A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy a...

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