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?

Individual demand curve

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Market demand curve

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Quantity demand curve

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Price demand curve

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Solution

The correct option is A
Individual demand curve

Individual demand curve 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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Elasticity of demand is different at different points of a demand curve, unless demand curve is a rectangular hyperbola.

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