The demand curve:
A) represents consumers' willingness, but not ability, to buy.
B) shows the highest amount consumers are able to pay for a specific quantity.
C) visually displays the demand schedule.
D) represents consumers' ability, but not willingness, to buy.

Question

Quizplus · Accepted Answer

The demand curve visually displays the demand schedule, which shows the quantity of a product that consumers are willing and able to buy at different prices. It does not necessarily represent the highest amount consumers are able to pay (choice B), nor does it represent only willingness or ability to buy (choices A and D).

The Demand Curve