Question

The demand curve:

Answer 1

Answer:

A. Shows how much buyers are willing and able to buy at different prices

Explanation:

Demand is defined as the amount or quantity of goods which as consumer is willing to buy coupled with the ability to pay at a give price and a particular price. Effective  Demand is the want of goods that is backed up with the ability to pay

A demand curve is a diagrammatic representation of the relationship between price and quantity demanded at any point in time. A demand curve is derived from a demand schedule that shows how much a consumer (individual demand schedule) or consumers (market demand schedule ) is willing and able to buy at different price level.