Which of the Following Events Must Cause Equilibrium Price to Rise

question 116

Multiple Choice

Which of the following events must cause equilibrium price to rise?

• A)demand increases and supply decreases
• B)demand and supply both decrease
• C)demand decreases and supply increases
• D)demand and supply both increase

Learn the specifics of preparing various budgets (operating, financial, production).

Comprehend the application of budgeting techniques in different organizational contexts (e.g., manufacturing vs. service).

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Definitions:

Market Price

The ongoing rate at which a product or service is traded in a certain market.

Ownership Position

The share or portion of a company or property owned by an individual or entity, often expressed as a percentage of the total available shares.

Shares Outstanding

The total number of shares of a company's stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Market Price

The immediate market rate for purchasing or selling an asset or service.