The demand curve for a good is also referred to as the:
A)marginal benefit curve.
B)consumption possibility frontier.
C)derived demand curve.
D)indifference curve.
E)isoquant curve.

Question

Quizplus · Accepted Answer

The demand curve for a good represents the marginal benefit that consumers receive from consuming additional units of that good. Therefore, it is referred to as the marginal benefit curve. The other answer choices refer to different economic concepts, such as production possibilities, derived demand, and utility maximization.

The Demand Curve for a Good Is Also Referred to as The