Examlex

Solved

-Refer to the Above Figure

question 306

Multiple Choice

  -Refer to the above figure. Suppose that the supply curve shifts from SA to SB while the demand curve shifts from DA to DB. Which of the following is TRUE about the results of the shifts in the supply and demand curves? A)  The equilibrium price increases while the equilibrium quantity remains unchanged. B)  Both the equilibrium price and equilibrium quantity increase. C)  The equilibrium price remains unchanged while the equilibrium quantity increases. D)  Both the equilibrium price and equilibrium quantity remain unchanged.
-Refer to the above figure. Suppose that the supply curve shifts from SA to SB while the demand curve shifts from DA to DB. Which of the following is TRUE about the results of the shifts in the supply and demand curves?


Definitions:

Patents

Legal rights granted to inventors that prevent others from making, using, or selling an invention for a certain period of time.

Marketable Securities

Financial instruments that can be easily converted into cash because they have high liquidity and short maturities.

Financial Leverage

Employing the use of debt to boost the prospective profits of an investment, which in turn escalates the risk of experiencing a loss.

Debt-To-Equity Ratio

The ratio portraying the financial interplay between shareholder equity and debt in the capital structure for assets.

Related Questions