Which of the Following Correctly Describes the Slope of the Demand

question 135

Multiple Choice

Which of the following correctly describes the slope of the demand and supply curves?

• A) upward sloping downward sloping
• B) no slope upward sloping
• C) downward sloping no slope
• D) downward sloping upward sloping

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Definitions:

Gross Margin Percentage

A financial metric that represents the percentage of total sales revenue remaining after accounting for the cost of goods sold.

Return on Equity

A gauge of a business's earnings effectiveness, demonstrating the profitability produced per dollar invested by shareholders.

Return on Total Assets

A financial ratio that measures a company's ability to generate earnings from its assets.

Gross Margin Percentage

A financial metric used to assess a company's financial health by revealing the proportion of money left over from revenues after accounting for the cost of goods sold.