The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1

-Refer to Figure 6.1. The demand curve E is most likely to represent the demand for:
A)alcohol by an alcoholic.
B)a life-saving drug.
C)holiday travel packages.
D)a particular brand of breakfast cereal.
E)air conditioning during a hot summer.

Question

The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
 
-Refer to Figure 6.1. The demand curve E is most likely to represent the demand for:
A)alcohol by an alcoholic. 
B)a life-saving drug. 
C)holiday travel packages. 
D)a particular brand of breakfast cereal. 
E)air conditioning during a hot summer.

Quizplus · Accepted Answer

The Answer of The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
 
-Refer to Figure 6.1. The demand curve E is most likely to represent the demand for:
A)alcohol by an alcoholic. 
B)a life-saving drug. 
C)holiday travel packages. 
D)a particular brand of breakfast cereal. 
E)air conditioning during a hot summer.

The Figure Given Below Shows the Demand Curves for Five