Choices that maximize total utility generally produce demand curves that are:
A)horizontal.
B)upward sloping.
C)downward sloping.
D)straight lines.

Question

Quizplus · Accepted Answer

When total utility is maximized, the consumer is willing to buy more of a good at lower prices and less at higher prices. This creates a downward-sloping demand curve. Therefore, the correct choice is C, downward sloping.

Choices That Maximize Total Utility Generally Produce Demand Curves That