In the context of fundamental principles of a free market system, which of the following statements is true of a demand curve?
A. It shows the relationship between price and quantity from a producer standpoint.
B. For most goods and services, it curves upward as it moves to the right.
C. It shows the relationship between price and quantity from a customer standpoint.
D. For most goods and services, it forms a sinusoidal curve.
Answer: C
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