A graph of the quantity of products marketers expect to sell at various prices if other factors remain constant is a
A) price graph.
B) supply curve.
C) price/quantity graph.
D) marginal revenue curve.
E) demand curve.

Question

Quizplus · Accepted Answer

A graph of the quantity of products marketers expect to sell at various prices is a demand curve. It shows the relationship between the price of a product and the quantity of the product that consumers are willing and able to purchase. The other options are not correct: a price graph only shows the price variations over time, a supply curve shows the quantity that sellers are willing to offer at different prices (not what consumers want to buy), a price/quantity graph is not a recognized term, and a marginal revenue curve shows the additional revenue obtained from selling one more unit of a product, which is not what the question is asking for.

A Graph of the Quantity of Products Marketers Expect to Sell