Which term is used for the value imprinted on a security ?
Correct answer: C. Par value
- A. Real value
- B. Net value
- C. Par value
- D. Gross value
Explanation
Par value is the nominal value printed or legally assigned to a security, especially a bond or share. It may differ from the security's market value, which changes with demand and supply.
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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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