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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
Which of the following statements is correct?
A) Demand is represented by a point on the demand curve, while the entire curve represents quantity demanded
B) A point on a demand curve represents quantity demanded whereas the entire curve represents demand
C) Demand and quantity demanded are just different terms used for the same concept
D) Demand is what people want, while quantity demanded is the amount that people actually buy
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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6 years ago
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