An individual's demand curve: a. represents the various ...

[Arii_bell]

An individual's demand curve:
 a. represents the various quantities that a consumer is willing to purchase of a good at various price levels.
  b. is derived from an individual's indifference curve map.
  c. will shift if preferences, prices of other goods, or income change.
  d. all of these answers are correct.

Question 2

Declining cost industries
 a. have upward rising AC curves.
  b. have upward rising demand curves.
  c. have -shaped total costs.
  d. have diseconomies of scale.
  e. have marginal cost curves below their average cost curve.

[phuda]

Answer to Question 1

d

Answer to Question 2

e

[Arii_bell]

Thank you

[phuda]

Happy to help you