Question

Which of the following is NOT true about the demand curve?

• A. It is the plots of quantities demanded at various time.
• B. It reflects the law of demand.
• C. It is the plots of quantities demanded at various price.
• D. It is negatively sloped.

Answer 1

Answer:

A. It is the plots of quantities demanded at various time.

• The statement "It is the plots of quantities demanded at various times" is NOT true about a demand curve.

• A demand curve plots the relationship between the price of a good and the quantity demanded, holding other factors constant