Exhibit 5-23
-Refer to Exhibit 5-23. Demand curve D is an example of a(n)
A) curvilinear demand curve
B) linear demand curve
C) linear supply curve
D) unit-elastic demand curve
E) total revenue curve

Question

Exhibit 5-23 
-Refer to Exhibit 5-23. Demand curve D is an example of a(n)
A) curvilinear demand curve 
B) linear demand curve 
C) linear supply curve 
D) unit-elastic demand curve 
E) total revenue curve

Quizplus · Accepted Answer

A linear demand curve is a straight line, which is typically represented in a graph where the quantity demanded changes at a constant rate with changes in price.

Exhibit 5-23 -Refer to Exhibit 5-23. Demand Curve D Is an Example