Call auction Graph total market demand and supply curves in {price,...

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# Call auction Graph total market demand and supply curves in {price,...

Call auction Graph total market demand and supply curves in {price, quantity} space for a call auction market where the following orders are
submitted to a central auctioneer:
Limit orders to buy: 100 shares at \$3.00, 200 shares at \$4.00, 200 shares at \$3.50, and 500 shares at \$2.50

. Limit orders to sell: 500 shares at \$5.00, 600 shares at \$3.00, and 500 shares at \$4.00.

Market orders to buy: a total of 500 shares.

Market orders to sell: a total of 200 shares.

What is the market clearing price? What quantity of stock is traded? Are all orders that are executable at the market clearing price fully ﬁlled?

## Answer & Explanation

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Answered by ellaluma75 on coursehero.com

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10,000 step-by-step explanations

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## Step-by-step explanation

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