An individual's demand curve
A) represents the various quantities that a consumer is willing to purchase of a good at various price levels.
B) is derived from an individual's indifference curve map.
C) will shift if preferences, prices of other goods, or income change.
D) all of the above.

Question

Quizplus · Accepted Answer

An individual's demand curve represents the various quantities that a consumer is willing to purchase of a good at various price levels. It is derived from an individual's indifference curve map. It will shift if preferences, prices of other goods, or income change. Therefore, all of the above are correct.

An Individual's Demand Curve