Multiple Choice
Which statement best describes a demand curve?
A) a functional statement of the demand relationship
B) a numerical table showing the inverse relationship between quantity demanded and price,other things being equal
C) a graph showing the relationship between quantity demanded and the price of a commodity,other things being equal
D) a timetable showing the quantity demanded at different time periods
E) an abstract concept underlying the graph of a demand curve
Correct Answer:
Verified
Correct Answer:
Verified
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