If Supply Is Perfectly Elastic,the Supply Curve Is _____

question 14

Multiple Choice

If supply is perfectly elastic,the supply curve is _____

• A)vertical.
• B)horizontal.
• C)downward sloping.
• D)upward sloping.
• E)u-shaped.

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Definitions:

Financing Section

A part of financial statements that includes activities related to issuing debt, repayment of debt, issuing equity, and paying dividends.

Cash Outflow

Pertains to the movement of money out of a business, primarily through expenses, payments to creditors, or investments, leading to a decrease in cash balance.

Financing Activity

Involves transactions related to a business's funding, including obtaining or repaying capital, issuing shares, and paying dividends.

Investing Activities

Financial transactions related to the purchase and selling of long-term assets and other investments not considered as cash equivalents.