Exhibit 4-13 -Refer to Exhibit 4-13.If the Price Increases from P to from P

question 144

Multiple Choice

Exhibit 4-13
-Refer to Exhibit 4-13.If the price increases from P to P',the result will be a(n)

• A)shortage
• B)equilibrium
• C)clearing of the market
• D)surplus
• E)excess quantity demanded

---

Definitions:

Profit Streams

Continuous flows of profit from a business investment or enterprise over time.

Nash Equilibrium

In strategic games, it refers to a scenario where all participants choose strategies that are optimal, given the strategies of all other participants.

AMD

Advanced Micro Devices, a multinational semiconductor company known for its CPUs and GPUs.

Intel

A multinational corporation and technology company known for developing and manufacturing microprocessors and other semiconductor components.