_____________ curve shows the relationship between the price of a good and the quantity of that good people are willing and able to buy in a given time period.
A) demand
B) supply
C) utility
D) Laffer

Question

Quizplus · Accepted Answer

The demand curve illustrates the quantity of a good or service that consumers are willing and able to purchase at various price levels. As the price of a good increases, the quantity demanded typically decreases. This demonstrates a negative slope on the demand curve.

_____________ Curve Shows the Relationship Between the Price of a Good