An Increase in the Number of Buyers in the Market

question 42

Multiple Choice

An increase in the number of buyers in the market causes

• A) a decrease in equilibrium quantity
• B) a decrease in equilibrium price
• C) an increase in demand
• D) a decrease in production
• E) an increase in supply

---

Definitions:

Book Values

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus any depreciation.

Fair Values

The amount one would expect to get from selling an asset or the cost to transfer a liability, in a structured deal involving participants in the market on the date it's evaluated.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its identifiable tangible and intangible assets.

Voting Common Stock

Equity shares that give shareholders the right to vote on corporate policies and board of director elections.