-In the Above Figure,while Drawing the Line Showing the Relationship

question 241

Multiple Choice

-In the above figure,while drawing the line showing the relationship between the price of a kilogram of peanuts and the quantity sold,the

• A)price of a kilogram of peanuts does not change.
• B)price of a kilogram of pecans does not change.
• C)the quantity of peanuts that farmers supply does not change.
• D)Both answers A and B are correct.
• E)Both answers B and C are correct.

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to insignificant risk of changes in value.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Short-Term Receivables

Assets expected to be turned into cash within a year, such as accounts receivable from sales or services.