Use the Following to Answer Question(s): Demand and Supply Curves

question 86

Multiple Choice

Use the following to answer question(s) : Demand and Supply Curves

-(Exhibit: Demand and Supply Curves) If there are no restrictions on the actions of buyers and sellers, the market price and quantity will tend toward ________ and ________ units, respectively.

• A) $25; 50
• B) $25; 250
• C) $15; 150
• D) $10; 50

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Definitions:

Intersegment Sales

Transactions of goods or services between segments of the same company, which are used for internal accounting purposes.

Consolidated Revenue

The total revenue recognized from the combined operations of a parent company and its subsidiaries, after inter-company transactions have been eliminated.