-The Equilibrium Quantity Is About
A)14

question 184

Multiple Choice

$\begin{array}{ccc}\begin{array}{c}\text { Quantity } \\\text { Demanded }\end{array} & \text { Price } & \begin{array}{c}\text { Quantity } \\\text { Supplied }\end{array} \\11 & \$ 15 & 18 \\15 & \$ 14 & 16 \\20 & \$ 13 & 11\end{array}$
-The equilibrium quantity is about

• A)14.5.
• B)15.0.
• C)15.5.
• D)16.0.
• E)16.5.

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Definitions:

Treasury Stock

Shares of a company's own stock that have been reacquired by the company and held in its treasury.

Issued

When a company distributes or sells new securities, shares, or other financial instruments to investors.

Reacquired

Refers to assets, often shares, that a company buys back from investors or stakeholders.

Par Value

The stated or principal value of a stock or bond as declared by the issuer.