The demand curve for a particular good indicates the various quantities
A) demanded at various prices,other things equal
B) demanded at different income levels,other things equal
C) actually purchased at various prices,other things equal
D) actually purchased at different income levels,other things equal
E) demanded at various prices and income levels,other things equal

Question

Quizplus · Accepted Answer

The demand curve shows the relationship between the price of a good and the quantity that consumers are willing and able to buy, holding other factors constant. Therefore, option A accurately describes the meaning of a demand curve. Options B, C, D, and E are incorrect because they do not accurately describe the purpose of a demand curve.

The Demand Curve for a Particular Good Indicates the Various