If There Is a Decrease in Demand, Then There Is

question 59

Multiple Choice

If there is a decrease in demand, then there is:

• A) increased price, increased quantity
• B) decreased price, increased quantity
• C) increased price, decreased quantity
• D) decreased price, decreased quantity

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Definitions:

Comparative Balance Sheet

A financial statement that presents the financial position of a company at two or more points in time, allowing for comparison and analysis of changes.

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.

Investing Activities

Activities that involve the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Cash Dividends

A portion of a company's earnings that is paid out to shareholders, typically in the form of cash.