The "Law of Demand" Refers to the Fact That,other Things

question 282

Multiple Choice

The "law of demand" refers to the fact that,other things remaining the same,when the price of a good rises,

• A) the demand curve shifts rightward.
• B) the demand curve shifts leftward.
• C) there is a movement down along the demand curve to a larger quantity demanded.
• D) there is a movement up along the demand curve to a smaller quantity demanded.
• E) the demand curve shifts rightward and there is a movement up along the demand curve to a smaller quantity demanded.

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Definitions:

Holder-Of-Record Date

The date on which existing shareholders on company records are designated as the recipients of stock rights. Also the date of record.

Tombstone

An advertisement in a financial publication announcing a public offering of securities, containing basic details of the issue.

Preliminary Prospectus

An initial document provided by a securities issuer that describes the details of an upcoming offer to the public, often called a "red herring."

Ex-Rights

Ex-rights refer to a situation where a stock is traded without the benefit of a rights offering, which was previously announced to its shareholders.