A demand curve for a good or service is shown on a graph that has:
A) price on the vertical axis, quantity on the horizontal axis, and the curve is upward sloping.
B) price on the vertical axis, quantity on the horizontal axis, and the curve is downward sloping.
C) quantity on the vertical axis, price on the horizontal axis, and the curve is upward sloping.
D) quantity on the vertical axis, price on the horizontal axis, and the curve is downward sloping.
Correct Answer:
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