For Quantity Exchanged to Decrease, but the Price to Rise

question 240

Multiple Choice

For quantity exchanged to decrease, but the price to rise, there must have been a(n)

• A)​increase in demand.
• B)​decrease in demand.
• C)​increase in supply
• D)​decrease in supply.

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Definitions:

Simple Rate Of Return

A method of calculating the return on an investment without taking into account compound interest or the passage of time.

Cash Operating Costs

Direct expenses incurred during regular operations, such as manufacturing costs, labor, and raw materials, excluding non-cash costs like depreciation.

Automating

involves the use of systems and technology to perform tasks with minimal human intervention.

Internal Rate Of Return

A financial metric used to evaluate the profitability of an investment, calculated as the discount rate that makes the net present value (NPV) of all cash flows from the investment equal to zero.