Bid price is the price at which the trader buys shares and ask is the price at which the trader sells shares. True or False

Respuesta :

Answer:

True

Explanation:

If you're selling stock, you are going to recieve BID PRICE, and if you're buying a stock you're going to get ASK PRICE. I'm other words, bid price is what a buyer is willing to pay for a particular commodity and ask price is what a seller is willing to take for it.

Bid price is also defined as the highest price a buyer is willing to pay for a particular good. The buyer in this situation is called A BIDDER.