Because they are the only ones we can observe by looking at data on prices and quantities, we are forced to work with
A) uncompensated demand function
B) compensated demand functions
C) satiated demand functions

Question

Quizplus · Accepted Answer

Uncompensated demand functions are directly observable from market data because they reflect the quantities of goods that consumers purchase at different prices, without adjusting for changes in utility levels or purchasing power.

Because They Are the Only Ones We Can Observe by Looking