The relationship between the price charged and the resulting demand level can be shown as the ________.
A) demand curve
B) variable cost
C) target cost
D) break-even pricing
E) experience curve

Question

Quizplus · Accepted Answer

The relationship between price and resulting demand is typically represented by a demand curve, which shows how much of a product or service consumers are willing to buy at different price points.

The Relationship Between the Price Charged and the Resulting Demand