If a Demand Curve Goes Through the Point P =

question 25

Multiple Choice

If a demand curve goes through the point P = $6 and = 400,then

• A)$6 is the highest price consumers will pay for 400 units.
• B)$6 is the lowest price consumers can be charged to induce them to buy 400 units.
• C)400 units are the most consumers will buy if price is $6.
• D)consumers will buy more than 400 if price is $6.
• E)both a and c

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Definitions:

Ovum

The female reproductive cell or egg, which, when fertilized by a sperm, can develop into an embryo.

Blastocyst

A stage of early development in mammals that consists of a spherical outer layer of cells, enclosing a fluid-filled cavity and a cluster of cells.

Embryo

An early stage of development for multicellular organisms, in humans it refers to the period from fertilization until the eighth week.

Uterus

A female reproductive organ where a fetus develops during pregnancy.