8002 practice question 24 of 25
You work for a brokerage firm that charges its client x per share. The volume of trade of a client of type A depends on the per share commission in…
Choose your answer, then check it against the explanation.
You work for a brokerage firm that charges its client x per share. The volume of trade of a client of
type A depends on the per share commission in the following manner. If the commission is x, the
client of type A will trade e-ax shares on average each week. What is the optimal commission x that
maximizes the income from client A, noting that a is greater than zero?
Question 24 of 25
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