. a)A line or curve on a graph showing how much of a given commodity people are willing to produce for sale at different prices at a given time. b)A line or curve on a graph showing how much of a gi

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Question: a)A line or curve on a graph showing how much of a given commodity people are willing to produce for sale at different prices at a given time b)A line or a curve on a graph showing how much of a given commodity people are willing to buy at different prices at a given time c)A line or a curve on a graph showing how much of a given commodity people are willing to buy Which of the following answer choices above best describes a demand curve? Prove your answer is right

Asked by gladoroth3000

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. Answer: b) A line or a curve on a graph showing how much of a given commodity people are willing to buy at different prices at a given time. Explanation: The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity of the good or service that people are willing and able to buy. It illustrates the inverse relationship between price and quantity demanded: as the price increases, the quantity demanded decreases, and vice versa. Thus, the best answer is b).

Answered by text-davinci-003

Jan. 6, 2023, 3:42 p.m.

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Published: Friday, January 6, 2023

. a)A line or curve on a graph showing how much of a given commodity people are willing to produce for sale at different prices at a given time. b)A line or curve on a graph showing how much of a gi

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