Economics · Theory of Consumer Behaviour

The _______ is a graphical or mathematical relation showing the relationship between the quantity of a good chosen by a consumer and the price of the good.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1indifference curve
2Lorenz curve
3Laffer curve
4demand curve✓

Correct answer

demand curve

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The _______ is a graphical or mathematical relation showing the relationship between the quantity of a good chosen by a consumer and the price of the good.

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The _______ is a graphical or mathematical relation showing the relationship between the quantity of a good chosen by a consumer and the price of the good.

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