The Demand Curve for Any Good Is a Downward-Sloping Function

question 111

Multiple Choice

The demand curve for any good is a downward-sloping function of

• A) buyers' incomes.
• B) sellers' profit margins.
• C) its price.
• D) its price and its cost of production.
• E) its price as well as buyers' incomes and tastes.

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Definitions:

Balan/o

A combining form used in medical terms that relates to the glans penis.

Circum-

A prefix in medical terminology indicating "around" or "about."

Gynecomastia

The enlargement of the gland tissue of the male breast, which can result from a hormonal imbalance or certain medications.

Gonorrhea

A sexually transmitted infection caused by the Neisseria gonorrhoeae bacterium.