Which of the following statement is correct?

I. The relationship between the quantity of a commodity chosen by a consumer and the price of that commodity is called the demand curve.

II. If a consumer's demand for a good is in the same direction as the consumer's income, then the consumer's demand for that good is positively related to its price.

1
Neither I nor II
2
I only
3
II only
4
Both I and II

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