-The Above Table Shows the Demand Schedule and Supply Schedule

question 99

Multiple Choice

-The above table shows the demand schedule and supply schedule for almond oil. What is the equilibrium quantity and equilibrium price for almond oil?

• A) 2 litres, $6.00 per litre
• B) 2 litres, $3.00 per litre
• C) 4 litres, $5.00 per litre
• D) 4 litres, $4.00 per litre

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Definitions:

Dividends

Payments made by a corporation to its shareholders, usually in the form of cash or additional stock, from its earnings.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may or may not align with the calendar year.

Cash Dividend Payment

A distribution of a company's earnings declared by the board of directors to its shareholders in the form of cash.

Financing Activities

Financing activities are transactions between a company and its creditors or investors, including issuing equity, paying dividends, and obtaining or repaying loans, which are used to fund the company's operations or expansions.