A downward sloping demand curve indicates that
A) individuals all have the same valuation of the same product.
B) individuals have different valuations of the same product.
C) individuals have no valuations of a particular product.
D) certain individuals are uninformed about certain aspects of the product.
B
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Identify the correct statement
A) Countercyclical monetary policy stimulates the economy during a recession by shifting the labor demand curve to the left. B) Countercyclical fiscal policy stimulates the economy during a recession by shifting the labor demand curve to the left. C) Countercyclical monetary policy slows down the growth rate of an economy during an expansion by shifting the labor demand curve to the right. D) Countercyclical fiscal policy stimulates the economy during a recession by shifting the labor demand curve to the right.
The initial deposit required by a buyer or seller of a futures contract is known as
A) credit. B) margin requirement. C) debit. D) marking.