To Answer the Question,refer to the Following Table Showing a Demand

question 23

Multiple Choice

To answer the question,refer to the following table showing a demand schedule: $\begin{array}{llcc}\underline{ \text {Price } }&\underline{ \text { Ouantity } } \\ &\underline{\text {demanded }} \\\$200 &1000\\150&1400\\100 &1800\\\end{array}$ If price falls from $150 to $100,

• A)arrows representing the price and quantity effects both point down.
• B)an arrow representing the price effect points down and is shorter than an arrow for the quantity effect.
• C)total revenue moves in the same direction as the arrow representing the price effect.
• D)the arrow representing the price effect points down and the arrow representing the quantity effect points up.
• E)both c and d

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Definitions:

Capital Expenditure

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Net Present Value

The disparity between the current value of cash coming in and the current value of cash going out over a specific duration.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.

Net Cash Flow

The difference between a company's cash inflows and outflows over a specific period, indicating its ability to generate cash.