Exhibit 16 $\text { Issues }$ -Refer to Exhibit 16

question 57

Multiple Choice

Exhibit 16.2
Use the Information Below for the Following Problem(S)
The table below provides five days of trade data.
                    $\text { Issues }$
$\begin{array}{ccccc}\text { Day } & \text { Traded } & \text { Advances } & \text { Declines } & \text { Unchanged } \\\hline 1 & 22456 & 15698 & 6158 & 600 \\2 & 23013 & 14560 & 8210 & 243 \\3 & 23124 & 10324 & 12678 & 122 \\4 & 22678 & 9867 & 11567 & 1244 \\5 & 21897 & 8678 & 12561 & 658\end{array}$
-Refer to Exhibit 16.2.Calculate the net advance-decline for day 5.

• A) -3,883
• B) 9,540
• C) -2,354
• D) 13,356
• E) 7,953

Explain the role of excess capacity in monopolistic competition.

Evaluate the economic efficiency and resource allocation in monopolistically competitive markets.

Understand the impacts of pricing strategies on firm profitability in different market structures.

Understand the definition and characteristics of oligopoly.

---

Definitions:

Amplitude

In signal processing, amplitude refers to the magnitude or intensity of a signal's fluctuation or variation, often measured in terms of the signal's peak value.

Loudness

A perceptual attribute of sounds that is primarily a physiological correlate of sound pressure level, measured in decibels.

Pitch

The perception of how high or low a sound is, depending on the frequency of the sound wave.

Hertz

The unit of frequency in the International System of Units (SI), equating to one cycle per second.