The maximum quantity of products consumers will buy at a given price is shown by
A)a demand curve.
B)a price constraint.
C)a break-even point.
D)price lining.
E)a marginal revenue curve.

Question

Quizplus · Accepted Answer

A demand curve shows the relationship between price and quantity demanded. It indicates the maximum quantity of products consumers will buy at a given price level. Thus, option A is the correct choice. Price constraint refers to the limit on the price that a consumer is willing to pay, while break-even point and price lining are not directly related to the maximum quantity of products consumers will buy. A marginal revenue curve indicates the change in revenue due to the change in quantity sold, and it is related to profit maximization rather than the maximum quantity consumers will buy.

The Maximum Quantity of Products Consumers Will Buy at a Given