Refer to Table 3-1 ?
A) €150 and 300 Players

question 20

Multiple Choice

Refer to Table 3-1. Given this data, the equilibrium price and quantity of CD players are ?
$\begin{array}{l}\text { Table 3-1 }\\\begin{array}{|l|l|l|}\hline & \text { QUANTITY } & \text { QUANTITY } \\\hline & \text { DEMANDED } & \text { SUPPLIED } \\\hline\underline { \text { PRICE }} & \underline {\text { (units per week) }} & \underline {\text { (units per week) }} \\\hline € 100 & 1000 & 100 \\\hline € 150 & 900 & 300 \\\hline € 200 & 800 & 500 \\\hline € 250 & 600 & 600 \\\hline € 300 & 300 & 650 \\\hline\end{array}\end{array}$
?

• A) €150 and 300 players.
• B) €200 and 800 players.
• C) €250 and 600 players.
• D) €300 and 650 players.

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Definitions:

Segregation Of Duties

A control activity that aims to reduce the risk of errors and fraud by dividing responsibilities among different people in an organization.

Collusion

A secret agreement or cooperation among parties for a fraudulent, illegal, or deceitful purpose, especially to manipulate prices or competition in the market.

Merchandise Management

It involves the planning and control of the purchasing, handling, storage, and sale of goods in a retail setting to maximize profits.

Cash Registers

Electronic or mechanical devices used to calculate and record sales transactions, and to store cash for daily business operations.