Which of the Following Is NOT True of a Demand

question 51

Multiple Choice

Which of the following is NOT true of a demand curve?

• A)It has negative slope.
• B)It shows the amount consumers want to buy at various prices.
• C)It relates the price of an item to the quantity demanded of that item.
• D)It reflects sellers' reservations prices.

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Definitions:

Liabilities

Financial obligations or debts owed by a business to another entity, payable in the future.

Debt-To-Equity Ratio

The debt-to-equity ratio is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities; also known as shareholders' equity.

Unsecured Debt

A type of debt or general obligation that does not have collateral backing and is issued solely based on the creditworthiness and reputation of the issuer.