The Demand Curve Facing a Firm Acts as a Constraint

question 43

Multiple Choice

The demand curve facing a firm acts as a constraint by

• A)shifting to the left and right as suppliers vary their quantities
• B)showing the maximum price that could be charged to sell a specific output level
• C)showing the minimum quantity of output that a firm needs to produce at a specific price
• D)limiting sales to those who are first in line when the product is distributed
• E)relating the actions and decisions of buyers and sellers in the market

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