E*TRADE and Ameritrade offer Internet stock-trading services at a very low price compared to traditional brokers. Both
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E*TRADE and Ameritrade offer Internet stock-trading services at a very low price compared to traditional brokers. Both companies have been growing very rapidly in recent years. What internal and external factors influence the setting of prices? Why would the prices of online brokerage firms differ so greatly from the prices of traditional brokerage firms? Include in your answer a discussion of the role of marginal cost and marginal revenue as it may apply to such companies.
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Related Book For
Managerial Accounting
ISBN: 978-0618777181
8th Edition
Authors: Susan V. Crosson, Belverd E. Needles
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