Which One of the Following Is the Best Example of Systematic

question 37

Multiple Choice

Which one of the following is the best example of systematic risk?

• A)there is a shortage of nurses
• B)a fire destroys a warehouse
• C)gas prices rise sharply
• D)the cost of sugar increases
• E)two firms merge their operations

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Definitions:

Equilibrium Quantity

The quantity of goods supplied is equal to the quantity of goods demanded at the market price.

Demand Shifts

Changes in the demand curve due to factors other than the price of the good, such as changes in income, tastes, or prices of related goods.

Quantity Demanded

The total amount of a good that consumers are willing and able to purchase at a specific price in a given period.

Economy Moves

The dynamic changes and shifts in economic activity, including growth, recession, and recovery phases, within a country or globally.