Table 81 -Refer to Table 8

question 151

Multiple Choice

Table 8.1
$$\begin{array} { | c | c | c | } \begin{array} { l } \text { Seller A Offer Price } \\( \$ ) \end{array} & \text { Quantity (shares) } & \begin{array} { l } \text { Stock Market Price } \\\text { for Google } ( \$ ) \end{array} \\\hline 900 & 50 & 950 \\\hline 950 & 100 & 950 \\\hline 1,000 & 150 & 950 \\\hline\end{array}$$
-Refer to Table 8.1.The perfectly competitive for shares of Google stock is composed of millions of buyers and sellers in the stock market.At a price of $950,how many shares is Seller A willing to sell?

• A)50 shares
• B)100 shares
• C)150 shares
• D)over 150 shares
• E)less than 50 shares

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Definitions:

Act of State Doctrine

A principle in international law that a nation is immune from being sued in another nation's courts for its sovereign acts.

Internal Actions

Measures or processes initiated within an organization to handle its affairs, without involving external enforcement or intervention.

Sovereign States

Politically independent countries that have complete authority over their internal and external affairs, recognized by international law.

Act-of-State Doctrine

A principle in international law that holds that a nation is sovereign within its own borders and its domestic actions cannot be questioned by the courts of another nation.