Examlex
By drawing a demand curve with ________ on the vertical axis and ________ on the horizontal axis, economists assume that the most important determinant of the demand for a good is the ________ of the good.
Increase
An upward movement in quantity, value, or some measure of performance.
Revenues
Revenues refer to the income that a business generates from its normal business operations, typically from the sale of goods and services to customers.
Owner's Capital
The amount of equity a business owner has invested in the company, reflecting the difference between the company's assets and liabilities.
Credit Balance
A condition where the sum of credits in an account exceeds the sum of debits, often signaling a net liability or income.
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