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

Question

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

Quizplus · Accepted Answer

The demand curve shows the relationship between the quantity of a product that consumers are willing and able to purchase and the product's price, typically sloping downward from left to right, indicating that as price decreases, quantity demanded increases (and vice versa).

Which of the Following Is True About the Demand Curve