What term describes the price offered by a bidder that is accepted by all other participants?

Money Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Money Marketsfinance-mcqs › money-markets
Published
12 May 2023
Last updated
28 May 2026

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Choose the correct answer

Explanation

The correct answer is the minimum price, which refers to the lowest bid submitted that is accepted by all other bidders in the process.

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