Which statement most accurately defines a demand curve?

Show Answers

The amount buyers desire to purchase under perfect conditionsThe quantity sellers are prepared to offerThe volume consumers can and want to purchase at every income level, assuming other factors remain constantThe amount consumers are willing and able to buy at every possible price, holding other factors constant

Explanation

Option D correctly defines a demand curve as it shows the quantity that buyers are both willing and able to purchase at various prices, assuming all other variables remain unchanged. The other options either misrepresent the concept or confuse demand with supply.