Q
QuestionEconomics

A demand curve enables a firm to examine prices __________. A. in terms of quantity sold relative to the costs to produce the product B. in terms of supply relative to its profits
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Step 1
I'll solve this economics problem step by step:

Step 2
: Understand the Demand Curve Concept

A demand curve is a graphical representation that shows the relationship between the price of a good or service and the quantity of that good or service that consumers are willing to purchase at various price points.

Final Answer

A is the closest correct answer, as it relates price to quantity sold, which is the fundamental purpose of a demand curve.

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