-In Figure 3-8,using the Supply and Demand Curves Denoted S₁

question 22

Multiple Choice

-In Figure 3-8,using the supply and demand curves denoted S₁ and D₁,respectively,the equilibrium price and quantity are

• A) $100 and 50,000
• B) $100 and 100,000
• C) $120 and 50,000
• D) $120 and 75,000
• E) $120 and 100,000

---

Definitions:

Annual Return

The percentage change in the value of an investment over a one-year period, including dividends, interest, and capital gains.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from their mean.

Dividend Yield

The dividend per share divided by the price per share, indicating how much a company pays out in dividends each year relative to its stock price.

Capital Gain

The profit from the sale of assets or investments when the sale price exceeds the purchase price.