Table 7-9 -Refer to Table 7-9.Both the Demand Curve and the Supply

question 324

Multiple Choice

Table 7-9

-Refer to Table 7-9.Both the demand curve and the supply curve are straight lines.If the price is $8 but only 4 units are bought and sold,consumer surplus will be

• A) $8.
• B) $12.
• C) $16.
• D) $18.

---

Definitions:

Short Transactions

Financial activities where securities are borrowed and sold with the expectation to buy them back at a lower price for a profit, betting on declining market prices.

Street Name

A practice where securities are held in the brokerage firm's name on behalf of a client, facilitating easier trade execution and maintenance.

Commercial Banks

Financial institutions that accept deposits, offer various loans, and provide other financial services to the public.

SEC Investigation

An inquiry conducted by the U.S. Securities and Exchange Commission into potential violations of securities laws or regulations.