Which One of the Following Could Account for an Increase

question 43

Multiple Choice

Which one of the following could account for an increase in the market clearing price of iPads?

• A)a decrease in demand for iPads
• B)an increase in supply of iPads
• C)an increase in supply along with a decrease in demand
• D)an increase in demand along with a decrease in supply

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Definitions:

Start-up Firm

A newly established business, often in the early stages of development, focusing on a unique product or service offering in the market.

Market Price

The price in the marketplace at which an asset or service can currently be bought or sold.

Stock Outstanding

The aggregate amount of a corporation's stock currently possessed by all its shareholders, encompassing blocks of shares owned by institutional investors and shares that are subject to restrictions.

Shares Issued

The total number of shares that a corporation has legally distributed to shareholders, which may include shares held by the public as well as restricted shares owned by the company's insiders.