The Distinction Between Demand and the Quantity Demanded Is Best

question 6

Multiple Choice

The distinction between demand and the quantity demanded is best made by saying that:

• A) demand is represented graphically by a curve and quantity demanded is a point on that curve.
• B) the quantity demanded is represented graphically by a curve and demand is a point on that curve.
• C) the quantity demanded is in a direct relation with prices, whereas demand is in an inverse relation.
• D) the quantity demanded is in an inverse relation with prices, whereas demand is in a direct relation.

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