Solved

A Curve That Describes the Relationship Between the Price of a Good

Question 71

Multiple Choice

A curve that describes the relationship between the price of a good and the amount a particular consumer purchases (holding the consumer's income,preferences and all other prices fixed) is called:


A) a price-consumption curve.
B) an individual demand curve.
C) an income-consumption curve.
D) a budget line.

Correct Answer:

verifed

Verified

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

Related Questions