If the Demand Curve for a Good Is Horizontal and the Price

question 39

Multiple Choice

If the demand curve for a good is horizontal and the price is positive,then a leftward shift of the supply curve results in

• A) a price of zero.
• B) an increase in price.
• C) a decrease in price.
• D) no change in price.

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The purchase of shares in a company with the expectation of generating income or capital gains.

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An accounting technique used to record investments in which the investor holds significant influence over the investee, usually recognized when owning 20-50% of the voting stock.

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