A Market Is in Equilibrium

question 192

Multiple Choice

A market is in equilibrium

• A) provided there is no surplus of the product.
• B) at all prices above that shown by the intersection of the supply and demand curves.
• C) if the amount producers want to sell is equal to the amount consumers want to buy.
• D) whenever the demand curve is downsloping and the supply curve is upsloping.

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Definitions:

Common Stock Dividends Distributable

A liability account representing the amount of dividends declared by a corporation on common stock that have not yet been paid to stockholders.

Paid-in Capital

The total amount of money and other assets that shareholders have given a company in exchange for shares of stock.

Stockholders' Equity Section

The portion of the balance sheet that represents the ownership interest of shareholders in a company.

Date of Record

The specific date on which a company determines the eligible shareholders for receiving dividends or other corporate distributions.