Answer to Question #311306 in Economics for Anonymous

Question

A market demand curve reflects:

1.how much buyers are willing and able to buy at each possible price.

2.how quantity demanded changes when the number of buyers changes.

3.when the buyers are willing to buy the most.

4.the fact that the level of income is inversely related to quantity demanded.

Answer 1

A market demand curve reflects how much buyers are willing and able to buy at each possible price.

So, the correct answer is 1.