If a demand curve goes through the point P = $6 and Qd = 400, then
A. $6 is the highest price consumers will pay for 400 units.
B. $6 is the lowest price consumers can be charged to induce them to buy 400 units.
C. 400 units are the most consumers will buy if price is $6.
D. consumers will buy more than 400 if price is $6.
E. both a and c
Answer: E
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