Which Statement Is False

question 174

Multiple Choice

Which statement is false?

• A)A demand curve slopes downward to the right.
• B)Moving down along a demand curve,price falls and quantity rises.
• C)Moving up a demand curve,price rises and quantity rises.
• D)A demand curve shows an inverse relationship between price and quantity.

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Definitions:

Load Factor

In transportation and logistics, it is the ratio of actual cargo carried to the total carrying capacity available, indicating efficiency in space usage.

Operating Expense

Costs associated with the day-to-day functioning of a business, excluding direct production costs.

Yield

The income generated from an investment, usually expressed as a percentage of the investment's cost or current market value.

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.