A Demand Curve

question 174

Multiple Choice

A demand curve:

• A)can slope upwards or downwards depending on the good
• B)illustrates a positive relationship between price and quantity demanded
• C)is always downward sloping
• D)shows that demand changes when the number of sellers in a market increases

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Definitions:

Unwanted Takeovers

Corporate actions where one company attempts to acquire another without the consent of the latter's management.

Ethical

Pertaining to or dealing with morals or principles of morality; pertaining to right and wrong in conduct.

Shareholder Rights Plan

A strategy used by corporations to deter hostile takeovers by allowing shareholders the right to purchase additional shares at a discount, often referred to as a "poison pill."

Greenmail

A situation where a company buys back its own shares from a potential acquirer at a price higher than the market value to avoid a takeover.