Can you please explain these questions with details?

7. The state of the b At 11. Coam Peter submits an order: Sell 500 shares, limit 55 , DS, num wrm. best bid and offer (BOO) after Peter's order is submitted? The market is bid for shares: shares offered at 8. A market receives the following bey order3. How are they ranked? That is, in what order will they be executed (1afirst, 2 second, 5 whast)? Write your answer in the column "Rank." The exchange: 9. A market receives the following sell orders. How are they ranked? That is, in what order will they be:executed {1= first, 2= second, .,5 alast } ? Write your answer in the column rank. The exchange ranks orders using price-time priority. 7. The state of the b At 11. Coam Peter submits an order: Sell 500 shares, limit 55 , DS, num wrm. best bid and offer (BOO) after Peter's order is submitted? The market is bid for shares: shares offered at 8. A market receives the following bey order3. How are they ranked? That is, in what order will they be executed (1afirst, 2 second, 5 whast)? Write your answer in the column "Rank." The exchange: 9. A market receives the following sell orders. How are they ranked? That is, in what order will they be:executed {1= first, 2= second, .,5 alast } ? Write your answer in the column rank. The exchange ranks orders using price-time priority