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

An Individual's Demand Curve