A demand curve
A) has an upward slope.
B) has a downward slope.
C) is a graph of the relationship between quantity demanded of a good and its price.
D) Both answers B and C are correct.
E) Both answers A and C are correct.

Question

Quizplus · Accepted Answer

The demand curve typically has a downward slope, indicating that as the price of a good decreases, the quantity demanded increases, and vice versa. This relationship between price and quantity demanded is graphically represented by the demand curve, making both B and C correct.

A Demand Curve