Which of the Following Is True of a Consumer's Demand

question 93

Multiple Choice

Which of the following is true of a consumer's demand curve?

• A)Consumer's income successively decreases up along the demand curve.
• B)Tastes and preferences for the good change along the demand curve.
• C)The distance from the horizontal axis equals the marginal rate of substitution.
• D)The price elasticity of demand is generally greater than one.

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