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    Question

    A demand curve

    measures
    A Difference between a buyer’s willingness to pay and the actual price of the product Correct Answer Incorrect Answer
    B Actual price a buyer must pay to get the product Correct Answer Incorrect Answer
    C Buyer’s willingness to pay Correct Answer Incorrect Answer
    D All of these Correct Answer Incorrect Answer

    Solution

    A demand curve is a graphical representation of the relationship between the price of a product and the quantity of that product demanded by consumers.

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