Business

25 March, 13:37

A prediction market involves:

a. aggregating the opinions of a specialized group of experts who analyze a problem and suggest solutions.

b. leveraging customers to virally promote a firm's products or services.

c. polling a diverse crowd and aggregating opinions to form a forecast of an eventual outcome.

d. trading on essential goods and services with a view of making a profit by hiking prices at a time of high demand.

e. making calculated estimates on the prices

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