If the Price of a Video Download Is Below Its

question 256

Multiple Choice

If the price of a video download is below its equilibrium price, the quantity supplied is ________ than the quantity demanded. If the price of a video download is above its equilibrium price, the quantity supplied is ________ than the quantity demanded.

• A) less; greater
• B) greater; less
• C) less; less
• D) greater; greater

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Definitions:

Crowdfunding

A method of raising capital through the collective effort of friends, family, customers, and individual investors, primarily online via social media and crowdfunding platforms.

Venture Capital

Financing that investors provide to startup companies and small businesses with perceived long-term growth potential.

Computer Forensics

The practice of collecting, analyzing, and preserving computer-related evidence for legal purposes.