Points on a demand curve
A) reflect best affordable points along indifference curves.
B) show diminishing marginal rate of substitution.
C) show increasing marginal rate of substitution.
D) show combinations of goods among which a consumer is indifferent.
E) show all the combinations of affordable goods the consumer can buy.

Question

Quizplus · Accepted Answer

Points on a demand curve reflect the best affordable points along indifference curves, indicating the combinations of goods that consumers are willing to purchase at different prices, assuming income and preferences remain constant.

Points on a Demand Curve