19
QuizMultiple Choice

The Law of Demand

Question 19 • RAIL NCAA OC Economics 2027

A demand curve shows how changes in

Answer
A
consumer demand affects income.
B
prices affect the consumer demand.
C
prices affect complementary goods.
D
consumer demand affects substitute goods.

Explanation

A demand curve shows the relationship between a good’s price and the quantity consumers are willing and able to buy, assuming other factors stay the same. So it shows how prices affect consumer demand. Complementary and substitute goods can influence demand, but they are not what a single demand curve directly illustrates.

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