The Figure Given Below Shows the Demand Curves [D₁ and D₂]

question 51

Multiple Choice

The figure given below shows the demand curves [D₁ and D₂] and the supply curve [S₁] of capital.Figure 17.1

-In Figure 17.1, if the demand curve for capital shifts to D₂, the equilibrium price and quantity of capital are:

• A)P₁ and Q₁.
• B)P₂ and Q₂.
• C)P₅ and Q₁.
• D)P₃ and Q₃.
• E)P₄ and Q₄.

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Definitions:

Breach Of Contract

Not meeting any condition of a contract, be it in written or oral form, without an authentic legal reason.

Creditor Beneficiary

A third party who benefits from a contract in which the promisor agrees to pay the promisee’s debt.

Donee

The recipient of a gift or donation, who is typically not required to provide anything in return to the donor.

Incidental

Occurring as a minor accompaniment to something else or happening as a subordinate or secondary aspect.