Answer to Question #264867 in Microeconomics for Trey

Question #264867

1.      Which of the following statements is true?*

a.      To an economist, demand is different from quantity demanded.

b.      A demand schedule is the numerical tabulation of the law of demand.

c.      A demand curve is the graphical representation of the direct relationship between price and quantity demanded.

d.      a and b

e.      a, b, and c


1
Expert's answer
2021-11-14T18:01:16-0500

b) A demand schedule is the numerical tabulation of the law of demand.


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