Suppose There Is a Shortage in the Market for Athletic

question 1

Multiple Choice

Suppose there is a shortage in the market for athletic shoes.All things being equal, what change in price would help the shortage to be eliminated?  

• A) if the price rises 
• B) if the price falls 
• C) if the price remains the same 
• D) if the price either rises or falls

Demonstrate the ability to identify, analyze, and report potential patient abuse.

Understand and apply clinical decision-making skills in nursing.

Recognize the importance of independent thinking and continuous learning in nursing.

Understand the purpose and process of hypothesis testing in the context of entrepreneurial experimentation.

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Definitions:

Discount Rate

The interest rate the Federal Reserve charges commercial banks for short-term loans, or a rate used to discount future cash flows to their present value.

IRR Method

The Internal Rate of Return method, a capital budgeting technique that calculates the rate of return at which the net present value of all the cash flows (both positive and negative) from a project or investment equals zero.

Nonconventional Flows

Atypical or irregular cash flows in an investment, complicating the assessment of an investment's value or project's profitability.

Profitability Index

A calculation that measures the relative profitability of an investment, by dividing the present value of future cash flows by the initial investment cost.