If the Supply Curve Remains Constant, an Outward Shift in the Demand

question 207

True/False

If the supply curve remains constant, an outward shift in the demand curve for a commodity causes the price of factors used in its production to decline.

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Definitions:

Accounts Receivable

Money owed to a business by its clients or customers for goods or services that have been delivered or used but not yet paid for.

Security

A financial instrument representing an ownership position, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.

Investment Contract

A legal agreement involving a monetary investment in a scheme with the expectation of a return on investment primarily from the efforts of others.