"TSX Up 14

question 80

Multiple Choice

"TSX up 14.Story at 6:00 p.m." This means that:

• A)The TSX was up 14 percent during today's trading.
• B)14 of the TSX's 300 stocks increased in price today.
• C)a share of TSX stock went up by $14 today.
• D)The TSX index increased by 14 points in today's trading.

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Definitions:

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.

Price Ceiling

A legal maximum price that can be charged for a good or service, intended to protect consumers from high prices.

Price Ceiling

A legal maximum price that can be charged for a good or service, typically set by government.

Market for Apartments

The economic interaction of supply and demand determining the rental prices and availability of apartment units.