A Market Demand Curve Shows

question 16

Multiple Choice

A market demand curve shows

• A) what price will prevail in the marketplace.
• B) how much of a commodity will be purchased in a given period of time at various prices.
• C) the rate at which consumption of a commodity will increase as income goes up.
• D) the minimum price consumers will have to pay to get a certain quantity.
• E) that as price goes up, consumers will spend more money on a commodity.

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