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- Dictionarydemand curve
noun
- 1. a graph showing how the demand for a commodity or service varies with changes in its price.
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- A demand curve is a graph that shows the relationship between the price of a good or service and the quantity demanded within a specified time frame.
www.investopedia.com/terms/d/demand-curve.aspDemand Curves: What Are They, Types, and Example - Investopedia
May 31, 2024 · A demand curve is a graph that shows the relationship between the price of a good or service and the quantity demanded within a specified time frame....
- Will Kenton
A demand curve is a graph depicting the inverse demand function, [1] a relationship between the price of a certain commodity (the y -axis) and the quantity of that commodity that is demanded at that price (the x -axis).
The demand curve is a line graph utilized in economics, that shows how many units of a good or service will be purchased at various prices. The price is plotted on the vertical (Y) axis while the quantity is plotted on the horizontal (X) axis.
Jan 20, 2022 · The demand curve is a visual representation of how many units of a good or service will be bought at each possible price.
- Kimberly Amadeo
Mar 15, 2023 · A demand curve is a graph showing the relationship between price and quantity demanded of a good or service. Learn how to read, calculate, and interpret demand curves, and what factors can cause them to shift.
Jun 20, 2024 · The demand curve is a graphical representation of the law of demand. It plots prices on a chart. The line that connects those prices is the demand curve.
People also ask
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Define the quantity demanded of a good or service and illustrate it using a demand schedule and a demand curve. Distinguish between the following pairs of concepts: demand and quantity demanded, demand schedule and demand curve, movement along and shift in a demand curve.
