Which of the Following Statements Is False

question 101

Multiple Choice

Which of the following statements is false ?

• A)The market demand curve in a perfectly competitive market is upward sloping.
• B)The firm's demand curve in a perfectly competitive market is horizontal.
• C)The firm's demand curve in a perfectly competitive market is perfectly elastic.
• D)Marginal revenue is equal to the change in total revenue divided by the change in quantity of output.

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Definitions:

Cliques

Small, exclusive groups of people who share common interests, often seen in social settings.

Adolescent's Relationship

The diverse interpersonal connections and interactions between individuals in their teenage years.

Juvenile Offenders

Individuals under the legal age of adulthood who have committed an act considered a crime.

Delinquent Tendencies

Behaviors that deviate from accepted social norms in ways that may lead to legal intervention, often seen in adolescents.