An Individual's Demand Curve for X

question 37

Multiple Choice

An individual's demand curve for X

• A) shows how the utility-maximizing choice of X changes as the price of X changes.
• B) shows how the individual's preferences change as the price of X changes.
• C) shows how the individual's preferences change as the consumer income changes.
• D) both a and b
• E) both a and c

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