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

Question

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

Quizplus · Accepted Answer

Option A is incorrect because consumers may be willing to pay more than $6 for fewer units of the good.
Option B is incorrect because consumers may be willing to buy more units at a higher price than $6.
Option C is correct because the demand curve shows the maximum quantity of the good that consumers are willing to buy at a price of $6.
Option D is incorrect because the demand curve does not provide information about the quantity of the good that consumers would buy at a higher price than $6.
Therefore, the best choice is E, both a and c.

If a Demand Curve Goes Through the Point P =