A Demand Curve That Is Horizontal Indicates That the Commodity

question 285

Multiple Choice

A demand curve that is horizontal indicates that the commodity

• A)has few substitutes.
• B)must be very cheap.
• C)is a necessity.
• D)has a large number of substitutes.

Recognize the application of research methods to investigate behavior in natural settings.

Understand how descriptive and inferential statistics are used to summarize research findings.

Identify the limitations of research methods in establishing cause-and-effect relationships.

Understand the key figures and their roles in the provisional government and the Bolshevik Party.