A demand curves describes
A)the amount of units a consumer will purchase at a given price
B)the amount of units a producer will sell at a given price
C)both the amount of units that a consumer will buy and a producer will produce at a given price
D)the amount of units supplied given a change in prices

Question

​A demand curves describes
A)​the amount of units a consumer will purchase at a given price
B)the amount of units a producer will sell at a given price
C)both the amount of units that a consumer will buy and a producer will produce at a given price
D)​the amount of units supplied given a change in prices

Quizplus · Accepted Answer

A demand curve shows the relationship between the price of a good and the quantity that consumers are willing and able to buy at that price. It only describes the amount of units that consumers are willing to purchase at a given price, not the amount that producers will sell.

​A Demand Curves Describes

A Demand Curves Describes