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The bid–ask spread (also bid–offer or bid/ask and buy/sell in the case of a market maker) is the difference between the prices quoted (either by a single market maker or in a limit order book) for an immediate sale and an immediate purchase for stocks, futures contracts, options, or currency pairs in some auction scenario.
In linear programming, reduced cost, or opportunity cost, is the amount by which an objective function coefficient would have to improve (so increase for maximization problem, decrease for minimization problem) before it would be possible for a corresponding variable to assume a positive value in the optimal solution.
A typical price for a house in Scotland was £195,391 in August 2022. [338] Between 2016 and 2020, the Scottish Government estimated that 10% of people in Scotland were in persistent poverty following [clarification needed] housing costs, with similar rates of persistent poverty for children (10%), working-age adults (10%) and pensioners (11% ...
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