Which of the following is a price that is equal to the face value of a security ?
Correct answer: C. At Par
- A. Balanced
- B. At Equilibrium
- C. At Par
- D. None of them
Explanation
A security sold at a price equal to its stated face or nominal value is trading at par. Equilibrium refers to a market condition, not specifically equality with face value.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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