In: Economics
Which of the following is true about the demand curve
A demand curve shows the number of units the market will buy in a given time period at different prices that might be charged
A demand curve indicates the cost per unit of output in the short run.
A demand curve indicates the cost per unit of output in the long run
In a monopoly, the demand curve does not indicate the total market demand resulting from different prices.
A demand curve indicates the drop in the average per-unit production cost that comes with accumulated production experience.
A demand curve shows the number of units the market will buy in a given time period at different prices that might be charged.
Explanation: demand curve measure the different quantity demanded by the consumer at different prices.