Bosco Snover is the NYSE specialist in Eola Enterprises' stock. Bosco's limit order book for Eola appears as follows:

The last trade in the stock took place at $30.
a. If a market order to sell 200 shares arrives, what will happen?
b. If another market order to sell 100 shares arrives just moments later, what will happen?
c. Do you think that Bosco would prefer to accumulate shares or reduce inventory, given the current orders in the limit order book?

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Limit Sell Price S30,250 30.375 30.500 30.875 31.000 Shares 200 500 300 800 200 Limit-Buy Price S29,750 29.000 28.500 27.125 26.875 Shares 100 100 200 100 200