The Y- Axis Intercept of the Demand Curve Is 60

question 19

Multiple Choice

The y- axis intercept of the demand curve is 60 and the slope is - 8. The equation of the demand curve is

• A)P = 8 - 60QD.
• B)P = 60 - 8QD.
• C)QD = 60 - 8P.
• D)P = 60 + 8QD.
• E)QD = 60 + 8P.

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Definitions:

Financing

The process of providing funds for business activities, making purchases, or investing, including obtaining loans or issuing stocks.

Investing

Assigning financial resources with the aim of realizing a return or gaining profits.

Purchase of Stock

The act of buying shares in a company, either through a stock exchange or directly from the company.

Investing Activities

Financial transactions related to the acquisition or sale of long-term assets and other investments not considered as cash equivalents.