Refer to the Graphs Shown

question 69

Multiple Choice

Refer to the graphs shown.If the quantity demanded by consumers is the same for every price, then the demand curve would look like:

• A)I.
• B)II.
• C)III.
• D)IV.

---

Definitions:

Determinant of Demand

Factors that influence the demand for a good or service, including price, consumer preferences, income levels, and prices of related goods.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price point, at a specific time.

Quantity Supplied

Represents the amount of goods or services that producers are willing and able to sell at a given price.

Alfred Marshall

A 19th-century English economist known for his significant contributions to the principles of economics and for coining the concepts of supply and demand.