An Important Assumption Underlying a Demand Schedule Is That

question 89

Multiple Choice

An important assumption underlying a demand schedule is that

• A)quantity demanded and demand mean the same thing.
• B)everything else except the product's price is being held constant.
• C)the numbers are not important; the general relationship between the variables is.
• D)household tastes rarely change.
• E)income has little significance to household demand.

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