Question

A demand curve: select one:

a. shows the relationship between price and quantity supplied.
b. indicates the quantity demanded at each price in a series of prices.
c. graphs as an upsloping line.
d. shows the relationship between income and spending.

Answer 1

Answer : B: indicates the quantity demanded at each price in a series of prices.

Explanation: A demand curve is a graphical representation of demand schedule which shows the quantity demanded at each price by all consumers in a market