The Following Table Shows the Initial Weekly Demand (D1)and the New

question 48

Multiple Choice

The following table shows the initial weekly demand (D1) and the new demand (D2) for packets of pretzels (a bar snack) :

-Refer to the information above to answer this question.In order to produce the change in demand from D1 to D2,what might have happened to the price of a substitute product like a packet of nuts?

• A)It has not changed,but people must be buying less.
• B)It has not changed,but people must be buying more.
• C)It has decreased.
• D)It has increased.

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Definitions:

Investment Bank

A financial institution that acts as an intermediary in large and complex financial transactions, including underwriting, acting as an advisor for mergers and acquisitions, and facilitating securities issuance.

Underwriting

Underwriting involves assessing the risk of insuring or financing and setting the appropriate terms and conditions for doing so. It is commonly used in insurance and banking.

Preemptive Rights

A stockholder’s right to maintain her proportionate ownership in a corporation. The stockholder has the right to buy a share of any newly issued stock that is proportionate to her fractional ownership of the company before the new issue. The right is not a matter of law but must be written into the corporation’s bylaws.

Proportionate Ownership

Ownership shares in a company or asset divided among investors in proportion to their investment.