Table 43 -The Table Given Below Shows the Quantity Supplied and the |

question 13

Multiple Choice

Table 4.3
$$\begin{array} { | c | c | c | } \hline \text { Price (\$) } & \text { Quantity demanded } & \text { Quantity supplied } \\\hline 1.0 & 100 & 10 \\\hline 1.20 & 90 & 30 \\\hline 1.40 & 80 & 50 \\\hline 1.50 & 70 & 70 \\\hline 1.60 & 60 & 90 \\\hline\end{array}$$
-The table given below shows the quantity supplied and the quantity demanded of a good at different prices. If the price of the good described in the table given below is $1.50, then _____

• A) there is a shortage in the market.
• B) there is a surplus in the market.
• C) the market is in equilibrium.
• D) the supply of the good increases by 30 units.
• E) the demand for the good increases by 30 units.

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Definitions:

Stock-Financed Deal

A transaction, often in mergers and acquisitions, where payment is made in the form of the acquiring company's stock.

Incremental Value

The additional or excess value that an activity, project, or entity generates compared to a baseline scenario.

Shares Outstanding

The total number of shares of a company that are currently owned by investors, including restricted shares.

Equity-Financed

A method of funding a company's operations by issuing shares to investors, rather than taking on debt.