Solved

The Demand Curve Is Constructed with a

Question 260

Multiple Choice

The demand curve is constructed with a


A) positive slope, because as more is purchased of a good, the cost of producing it rises.
B) positive slope, because as buyers have more money, the more of a particular good will be purchased.
C) negative slope, because when people purchase more of a good, the cost to produce that good falls.
D) negative slope, because with everything else equal, buyers will purchase more of a good when its price is lower.
E) positive slope, because as the price rises, people want to sell more of the good.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions