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djverab [1.8K]
2 years ago
10

The inverse relationship between price and quantity demanded can be graphically illustrated by ______. Multiple choice question.

an upward sloping curve a vertical line a horizontal line a downward sloping curve
Business
1 answer:
Oliga [24]2 years ago
8 0

The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.

<u />

<h3>What is the relationship between price and quantity?</h3>

<u />

The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.

This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.

Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Option D is the correct statement.

learn more about law of demand:

brainly.com/question/10782448

#SPJ1

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If firms and households form their expectations about inflation by looking at past inflation, this form of expectations formatio
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B) adaptive

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You work for a leveraged buyout firm and are evaluating a potential buyout of UnderWater Company.​ UnderWater's stock price is $
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Answer:

a. The shareholders will want to tender their shares.

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Increase in value, 18.75*135% = $25.31 million, so now this is the value of the firm

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