The demand curve is always greater than or equal to the marginal revenue curve.

The demand curve is always less than or equal to the marginal revenue curve.

The demand curve is always greater than the marginal revenue curve.

The demand curve is always equal to the marginal revenue curve.

The marginal revenue curve decreases while the demand curve increases.

The income elasticity of demand for Good X is greater than 1.

The income elasticity of demand for Good X is equal to 1.

The income elasticity of demand for Good X is between 0 and 1.

The income elasticity of demand for Good X is less than 0.

Good X is an inferior good.

Inelastic

Perfectly elastic

Elastic

Unit elastic

Perfectly inelastic

The price of the same product is different for different consumers.

The price of two different products are different for different consumers.

The price of two different products are the same for different consumers.

The price of the same product is the same for different consumers.

The price of a particular product is less than the marginal cost of producing that product.

Good X is an inferior good for the consumer.

Good X is a luxury good for the consumer.

Good X is a normal good for the consumer.

The income elasticity of good X for the consumer is 1.

$1

$2

$8

$15