The Table Given Below Reports the Quantity Demanded of a Good

question 94

Multiple Choice

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-Other things remaining the same, if a large part of the population decided against having soda for health reasons, there would be a(n) :

• A)increase in the quantity of soda supplied.
• B)increase in the quantity supplied of complements like fries and burgers.
• C)decrease in the price of soda.
• D)rightward shift of the demand curve for soda.
• E)decrease in the quantity demanded of substitutes like mineral water.

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Definitions:

Deductible Corporate Expense

Expenses that a corporation can subtract from its gross income to reduce its taxable income, according to tax laws.

Stock Dividend

A dividend payment made by a company to its shareholders in the form of additional shares rather than a cash payout.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets.

Par Value

The nominal or face value of a stock or bond, representing the minimum amount set by the issuing company.