6. refers to the total number of units that are purchased at that price. A quantity B. quantity demanded C. supply 7. The demand curve for a typical good has a(n): A negative slope because some consumers switch to other goods as the price rises B. negative slope because consumer incomes fall as the price of the good rises. C. negative slope because the good has less "snob appeal" as its price falls D. inverse slope because as the price goes up, the good has more profitability. When economists talk about supply, they are referring to a relationship between price received for each unit sold and the 8. A. demand schedule B. market price C. quantity supplied D. demand curve 9. Nearly all supply curves share a basic similarity: they slope A. down from left to right B. up from left to right C. up from right to left E. D. down from right to left
6. refers to the total number of units that are purchased at that price. A quantity B. quantity demanded C. supply 7. The demand curve for a typical good has a(n): A negative slope because some consumers switch to other goods as the price rises B. negative slope because consumer incomes fall as the price of the good rises. C. negative slope because the good has less "snob appeal" as its price falls D. inverse slope because as the price goes up, the good has more profitability. When economists talk about supply, they are referring to a relationship between price received for each unit sold and the 8. A. demand schedule B. market price C. quantity supplied D. demand curve 9. Nearly all supply curves share a basic similarity: they slope A. down from left to right B. up from left to right C. up from right to left E. D. down from right to left
Answer
6 ANSWER is B...
Quantity demanded .... becouse at that point means on a
perticular price .
On a perticular price quantity on demand curve is quantity
demanded.
Answer 7is B...
Because three case of demand curve negitive slope.
Marginal utility diminishing.
Income effect
Substitution effect.
In this question when when price goes up so incane will be
falls.
Answer 8 is C...
Because relationship between price receive on each unit sold and
the quantity supplied. so relationship of price and quantity
supplied combination is Market supply curve.
Answer 8 is ...B...
Because supply curve is related to price and quantity supplied
combination and this combination is possitively related. When price
up quantity supplied up and the price is down quantity supplied
also down.
So curve upward and left to right ward.
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