Which of the following is Price of the last transaction of a particular stock completed during a day's trading session on an exchange ?
Correct answer: B. Closing Price
- A. Night Price
- B. Closing Price
- C. End price
- D. Final price
Explanation
The closing price is the price recorded for the final transaction in a stock during a trading session. It becomes the standard reference price for that day's market performance.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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