An Increase in the Demand for Online Streaming Music Indicates

question 223

Multiple Choice

An increase in the demand for online streaming music indicates that more is

• A) purchased even if prices of online streaming music stayed the same.
• B) demanded because online streaming music prices decreased.
• C) demanded because sellers are selling more online streaming music.
• D) purchased because sellers are putting online streaming music on sale.

---

Definitions:

Treasury Stock

Refers to shares that were once part of the outstanding shares but were bought back by the company and are now held in the company's treasury.

Par Value

A nominal value assigned to a share of stock by the company's corporate charter, unrelated to the market value.

Stated Value

A fixed dollar amount assigned to each share of no-par stock, designated by the board of directors of a company.

Treasury Stock

Shares that were once a part of the outstanding shares but were bought back by the company and are now held in the company's treasury.