Which of the Following Statements Is Correct

question 10

Multiple Choice

Which of the following statements is correct?

• A) "Equity" is the original money invested in the business that belonged to the owners of the business.
• B) "Equity" is money that the business has used to grow - for example the original investment from owners or money from the sale of shares, and any loans made to the business
• C) "Equity" is the value of the business
• D) "Equity" is made up of not only the original investment in the business, but also any profits that were retained over the years.

---

Definitions:

Quantity Demanded

The sum of a product or service that buyers are ready and capable of buying at a certain price during a defined timeframe.

Quantity Supplied

The level of supply of a product or service that vendors are eager and able to make available for purchase at an established price over a given period.

Complementary Product

A product that is consumed or used together with another product, enhancing the value and demand of the other product.

DVD Players

Electronic devices designed to play discs in the Digital Video Disc (DVD) format, encompassing both movies and other digital content.