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Figure: Demand Curve Which Statement Is TRUE Regarding the Figure

Question 224

Multiple Choice

Figure: Demand Curve Figure: Demand Curve   Which statement is TRUE regarding the figure? A)  At a price of $6 per unit, consumers are willing and able to buy 10 units. B)  The maximum price demanders are willing to pay for 15 units is $6 per unit. C)  The higher the price, the greater the quantity demanded. D)  At a price of $3.75 per unit, consumers are indifferent between buying 10 and 15 units. Which statement is TRUE regarding the figure?


A) At a price of $6 per unit, consumers are willing and able to buy 10 units.
B) The maximum price demanders are willing to pay for 15 units is $6 per unit.
C) The higher the price, the greater the quantity demanded.
D) At a price of $3.75 per unit, consumers are indifferent between buying 10 and 15 units.

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