A Market Demand Curve Reflects the

question 131

Multiple Choice

A market demand curve reflects the

• A)marginal private benefits of consuming a product.
• B)external benefits of consuming a product.
• C)marginal social benefits of consuming a product.
• D)sum of private and social benefits of consuming a product.

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating efficiency in managing stock levels.

Current Ratio

A metric assessing how effectively a company can fulfill its short-term financial commitments with its assets on hand.

Acid-test Ratio

A stringent measure of liquidity that evaluates a company's ability to cover its short-term liabilities with its most liquid assets.

Receivable Turnover

A financial metric that measures how quickly a company collects payments from its customers by comparing sales to accounts receivable.