If We Observe a Rise in the Equilibrium Price of Good

question 90

Multiple Choice

If we observe a rise in the equilibrium price of good A,we know that either the demand for A has

• A)increased or the supply of A has decreased or both.
• B)increased or the supply of A has increased or both.
• C)decreased or the supply of A has increased or both.
• D)decreased or the supply of A has decreased or both.
• E)none of the above.

---

Definitions:

Words of Negotiability

Phrases used in financial instruments that indicate the terms under which they can be transferred or assigned to another party.

Negotiation

A discussion aimed at reaching an agreement, where parties involved communicate back and forth to discuss and resolve differences.

Assignment

A transfer of rights or property from one party to another.

Transferee

A transferee is an individual or entity that receives a transfer of property, rights, or interest from another.