When the Price of Good a Rises,the Supply Curve of Good

question 112

Multiple Choice

When the price of good A rises,the supply curve of good B shifts rightward.Which of the following statements are true?

• A)A and B are substitutes.
• B)A and B are complements.
• C)A and B are substitutes in production.
• D)A and B are complements in production.
• E)A is a factor used in the production of B.

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Definitions:

Treasury Shares

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the financial market but not considered when calculating earnings per share or dividends.

MBCA

Stands for the Model Business Corporation Act, which is a template law designed to standardize and regulate the formation and operation of corporations across the United States.

Limited Voting Rights

Voting rights that are restricted in some manner, such as being allowed only under certain conditions or only applying to specific matters.

Treasury Shares

Shares that were once issued and outstanding but were later purchased back by the issuing company, reducing the amount of outstanding stock.