The locus of points representing quantities of goods a consumer is willing and able to buy at different price levels is called .

zero line

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demand curve

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demand line

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demand schedule

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Solution

The correct option is B demand curve
The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded.

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Similar questions

Which of the following curves shows the different quantities of a good that one particular consumer is willing to buy at different possible prices of the good at a point of time?

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Which of the following refers to the various quantities of a commodity that the consumer is willing to buy at different possible prices of that commodity?

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The locus of points representing quantities of goods a consumer is willing and able to buy at different price levels is called .

The correct option is B demand curveThe demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded.

The correct option is B demand curve
The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded.