question 7\nhow do brokerage firms primarily make their profits?\nconsumer deposits\ngovernment…

question 7\nhow do brokerage firms primarily make their profits?\nconsumer deposits\ngovernment deposits\ndividends\nfees or commissions on sales or transfers

question 7\nhow do brokerage firms primarily make their profits?\nconsumer deposits\ngovernment deposits\ndividends\nfees or commissions on sales or transfers

Answer

Brief Explanations:

Brokerage firms facilitate financial transactions for clients. They earn by charging fees or commissions for services like executing sales or transfers of securities. Consumer and government deposits are more related to banking functions, and dividends are earnings distributed by companies to shareholders, not the main profit - source for brokerage firms.

Answer:

fees or commissions on sales or transfers