A Gradual,long-Term Up or Down Movement of Demand Is Referred

question 3

True/False

A gradual,long-term up or down movement of demand is referred to as a trend.

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Definitions:

Transfer of Possessions

The act of moving ownership or control of property or assets from one party to another.

Debtor

An individual or entity that owes a debt or is obligated to make payments to another party, known as the creditor.

Creditor

An individual, organization, or entity that is owed money or other forms of compensation by a debtor.

Res Ipsa Loquitur

“The thing speaks for itself.”