The demand curve illustrates the fact that consumers tend to purchase:
A)more of a good as it becomes more popular.
B)name-brand products more frequently than generic products.
C)more of a good as its price falls.
D)more of a good as their incomes rise.

Question

Quizplus · Accepted Answer

A fundamental property of the demand curve is that it is downward sloping with respect to price. That is, as price falls, quantity demanded rises.

The Demand Curve Illustrates the Fact That Consumers Tend to Purchase