Ask Question
7 August, 13:23

Which of the following is NOT true of a demand curve?

A. It has negative slope.

B. It shows the amount consumers are willing and able to purchase at various prices, holding other factors constant.

C. It relates the price of an item to the quantity demanded of that item.

D. It shows how an increase in price leads to an increase in quantity demanded of a good.

+1
Answers (1)
  1. 7 August, 13:55
    0
    D. it shows how an increase in price leads to an increase in quantity demanded of a good.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following is NOT true of a demand curve? A. It has negative slope. B. It shows the amount consumers are willing and able to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers