Which of the following is true about the demand curve?
A)It shows the quantity of product customers will buy in a market during a period of time even if other factors change.
B)It is used to illustrate the effect of price on the quantity supplied.
C)It is always graphically depicted by a straight line.
D)It usually slopes upward and to the right.
E)It shows the relationship between product demand and product price.

Question

Quizplus · Accepted Answer

The demand curve shows the relationship between the quantity demanded of a product and its price, typically sloping downward from left to right, indicating that as price decreases, demand increases.

Which of the Following Is True About the Demand Curve