​ Market Equilibrium Is

question 403

Multiple Choice

​ Market equilibrium is:

• A) ​defined as the condition in which there is neither a shortage or surplus.
• B) ​ defined as the condition under which the separately formulated plans of buyers and sellers exactly mesh when tested in the market.
• C) ​ represented graphically by the intersection of the supply and demand curves.
• D) ​ all of the above.

---

Definitions:

Trend Income Statements

Financial statements that show the progression of key income statement figures over a series of periods, allowing for trend analysis.

Sales

The revenues earned from selling goods or services over a period of time.

Preferred Stock Dividends

Dividends paid on preferred shares of a company which typically have a fixed dividend rate and priority over common stock in dividend payments.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.