Figure 10-12

-Refer to Figure 10-12.The graph,as drawn,could apply to the market for
A) fire extinguishers.
B) historic buildings.
C) robots.
D) All of the above are correct.

Question

Figure 10-12
 
-Refer to Figure 10-12.The graph,as drawn,could apply to the market for
A) fire extinguishers. 
B) historic buildings. 
C) robots. 
D) All of the above are correct.

Quizplus · Accepted Answer

The graph depicts a demand curve for a product or service. The specific product or service is not indicated, so it could apply to any market where there is a downward sloping demand curve, such as fire extinguishers, historic buildings, or robots. Therefore, choice A, B, and C are all correct.

Figure 10-12 -Refer to Figure 10-12.The Graph,as Drawn,could Apply to the Market