Which of the Following Is TRUE About Demand Curves

question 18

Multiple Choice

Which of the following is TRUE about demand curves?

• A) Demand curves are negatively sloped.
• B) Demand curves are U-shaped.
• C) Demand curves are positively sloped.
• D) Demand curves are vertical.

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Definitions:

Capital

The funds used to acquire the natural and human resources needed to provide products; also called financial resources.

Supplies

Materials, goods, or equipment required for operations in businesses or other organizations.