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Which of the Following Terms Refers to a Contractual Stipulation

question 72

Multiple Choice

Which of the following terms refers to a contractual stipulation to ensure that ebusiness participants do not deny their online actions?


Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at various prices.

Supply Curve

A graph showing the relationship between the quantity of a good that producers are willing to sell and the price of the good.

Y Axis

The vertical axis in a graph or chart, typically used to represent the range of a second variable in comparison to the first variable on the X axis.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded.

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