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Space Trips Inc. files a registration statement with the SEC before making an offering to the general public. The registration contains false, immaterial statements of which the investors are unaware. Space Trips is charged with violating the Securities Act of 1933. Space Trips's best defense is
Equilibrium Quantity
The amount of products or services available and sought after at the equilibrium price, a point where the supply and demand in the market equalize.
Price Ceilings
Government-imposed limits on how high a price can be charged for a product or service.
Market Equilibrium
The condition in which market supply equals market demand, such that prices become stable.
Increased Demand
Describes a situation where a larger number of consumers are willing and able to purchase a good or service at a given price, often leading to higher prices or a market shortage if supply does not increase correspondingly.
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