The Horizontal Axis of a Graph Which Shows a Market

question 103

Multiple Choice

The horizontal axis of a graph which shows a market demand curve indicates the:

• A)prices at which various levels of output can be sold.
• B)number of consumers who are in the market for this product.
• C)various quantities of output at which the market will be cleared.
• D)quantities which consumers will be willing and able to buy at various prices.

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