Multiple Choice
Which of the following is NOT true of a demand curve?
A) It has negative slope.
B) It shows the amount consumers are willing and able to purchase at various prices, holding other factors constant.
C) It relates the price of an item to the quantity demanded of that item.
D) It shows how an increase in price leads to an increase in quantity demanded of a good.
Correct Answer:
Verified
Correct Answer:
Verified
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