Lily is dealing with the open market structure.
She is a shareholder in the market.
Explanation:
Lily wanted to trade on the stock market. She easily started trading in the market, but soon realized that she didn’t have any control over the price of the stock she owned.
Lily is dealing with the open market structure.
She is a shareholder in the market.
Characteristics regarding price in Open Market Operations:
- absence of tariffs, taxes, subsidies, licenses
- no regulations to interfere
- may have competitive barriers to entry
- no regulatory barriers to entry
