The following is the MOST precise descriptions of the Demand Curve: Question 5 options: Represents the price consumers are required to pay in the market for each unit consumed, after making an agreement with producers. Represents the price consumers are able to pay per unit consumed, given prices and income available. Represents the maximum price consumers are able and willing to pay per unit consumed of good x, given the prices of other goods, and their own income and preferences. Represents the price consumers would like to pay, given their preferences