An Important Assumption That Is Made When Constructing a Demand

question 245

Multiple Choice

An important assumption that is made when constructing a demand schedule is that

• A) only price and quantity matter in determining demand.
• B) people always want a certain amount of a product.
• C) demand is too important to be left to the economists.
• D) all other determinants of demand are held constant.
• E) demand has a positive slope.

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