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The Demand Curve
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The Demand Curve
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3. The Market Forces of Supply and Demand / The Demand Curve / Problem 1
Problem 1
What does the demand curve represent in a perfectly competitive market?
A
The relationship between the supply of a good and the quantity supplied.
B
The relationship between the price of a good and the quantity supplied.
C
The relationship between the price of a good and the quantity demanded.
D
The relationship between consumer income and quantity demanded.
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