A demand curve represents graphically the relationship between the quantity of a good demanded by a consumer and the
A) income of the consumer
B) utility of the consumer
C) price of the good as the price varies

Question

Quizplus · Accepted Answer

A demand curve shows the relationship between the quantity demanded of a good and its price. As the price of the good changes, the quantity demanded changes. Other factors, such as income and utility, may also affect demand, but they are not represented on the demand curve.

A Demand Curve Represents Graphically the Relationship Between the Quantity