Demonstrate Graphically and Explain the Difference Between a Decrease in the Quantity

question 24

Essay

Demonstrate graphically and explain the difference between a decrease in the quantity supplied and a decrease in supply. Describe what might have caused each to occur.

---

Definitions:

Indorsee

A person or entity to whom the rights under a negotiable instrument, such as a check or promissory note, have been legally transferred.

Enforce

To compel observance of or compliance with a law, rule, or obligation.

Negotiable Promissory Note

A financial document that contains a written promise to pay a specified sum of money to a named person or bearer under certain terms.

Worthless Securities

Financial instruments that have lost all monetary value, often resulting in a total loss for the holder.