According to the Graph Shown, If the Market Goes from Equilibrium

question 55

Multiple Choice

According to the graph shown, if the market goes from equilibrium to having its price set at $10:

• A) market transactions will decrease by 7.
• B) market transactions will decrease by 3.
• C) market transactions will decrease by 10.
• D) market transactions will not change, only price has changed.

---

Definitions:

Maturity Date

The date on which a financial obligation must be repaid in full.

Promissory Note

A financial document in which one party promises to pay another party a definite sum of money at a future date or on demand.

Interest Due

The amount of interest payment that is owed but not yet paid by a borrower to a lender at a given point in time.

Intermediate Calculations

Calculations performed between the initial and final stages of a financial or statistical analysis to derive a specific outcome or insight.