The demand curve:

A. represents consumers' willingness but not ability to buy.
B. shows the highest amount consumers will pay for a specific quantity.
C. visually displays the demand schedule.
D. represents consumers' ability but not willingness to buy.

C. visually displays the demand schedule.

Economics

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In 2012, the world's population surpassed

a. 3.5 billion. b. 1 billion. c. 10.5 billion. d. 7 billion.

Economics

"Income elasticity of demand is always positive." Do you agree or disagree? Explain

What will be an ideal response?

Economics