Equilibrium Quantity Must Increase When Demand

question 48

Multiple Choice

Equilibrium quantity must increase when demand

• A)increases and supply does not change,when demand does not change and supply increases,and when both demand and supply increase.
• B)increases and supply does not change,when demand does not change and supply increases,and when both demand and supply decrease.
• C)decreases and supply does not change,when demand does not change and supply decreases,and when both demand and supply increase.
• D)decreases and supply does not change,when demand does not change and supply decreases,and when both demand and supply decrease.

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Definitions:

Strike Suit

A lawsuit with weak merits, often filed by a shareholder against a corporation's executives, hoping for a settlement.

Out-Of-Court Settlements

A resolution reached between disputing parties without the need for a court trial.

Complaining Shareholders

Shareholders who express dissatisfaction with management or company actions, often leading to lawsuits or demands for changes.

Class Action

A legal proceeding in which one or more plaintiffs file a lawsuit on behalf of a larger group of people who are similarly affected.