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 these answers are correct.

Question

Quizplus · Accepted Answer

An individual's demand curve represents the various quantities that a consumer is willing to purchase at different price levels, and it is derived from their indifference curve map. The demand curve will shift if preferences, prices of other goods, or income change. Therefore, all of the given options in the choices are correct.

An Individual's Demand Curve