At a Price Above the Equilibrium Price,there Is

question 9

Multiple Choice

At a price above the equilibrium price,there is

• A) a shortage.
• B) a surplus.
• C) excess demand.
• D) super-equilibrium.
• E) none of the above

---

Definitions:

Incremental Cash Flow

The additional cash flow a company receives from undertaking a new project, distinct from its existing cash flow.

Lease Payments

Periodic payments made by a lessee to a lessor for the use of an asset, like equipment or real estate, over a specified lease term.

CCA Class

Categories used in Canadian tax law to determine the depreciation rate for different types of business assets.

Corporate Tax Rate

The tax rate that companies are charged on their profits by the government.