Question: A prediction market involves: Question 13Answer a. leveraging customers to virally promote a firm's products or services. b. aggregating the opinions of a specialized group
A prediction market involves: Question 13Answer a. leveraging customers to virally promote a firm's products or services. b. aggregating the opinions of a specialized group of experts who analyze a problem and suggest solutions. c. making calculated estimates on the prices of goods and services based on the speculation of a group of experts. d. polling a diverse crowd and aggregating opinions to form a forecast of an eventual outcome. e. trading on essential goods and services with a view of making a profit by hiking prices at a time of high demand
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