Exhibit 3-11 Demand and Supply Curves

question 167

Multiple Choice

Exhibit 3-11 Demand and supply curves
In Exhibit 3-11, in Panel B the movement from point A to point C describes a(n) :

• A) increase in both demand and supply, where the increase in supply is relatively bigger.
• B) decrease in both demand and supply, where the decrease in supply is relatively bigger.
• C) increase in demand and a decrease in supply, where the decrease in supply is relatively bigger.
• D) decrease in demand and increase in supply, where the increase in supply is relatively bigger.

Understand the significance of disclosing conflicts of interest in corporate governance.

Grasp the concept and legal significance of the corporate veil and circumstances under which it may be pierced.

Understand the distinctions between par-value and no-par-value shares and their implications on market value.

Differentiate the roles and rights of shareholders and debenture holders in a corporation.

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