Demand curve: Difference between revisions
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'' Economics. '' | '' Economics. '' | ||
A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be | A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be willing and able to buy at a given price. | ||
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== See also == | == See also == | ||
* [[Demand]] | * [[Demand]] | ||
* [[Demand side policy]] | |||
* [[Indifference curves]] | |||
* [[Law of demand]] | * [[Law of demand]] | ||
* [[Supply curve]] | * [[Supply curve]] | ||
* [[Supply side policy]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] |
Latest revision as of 18:04, 23 April 2020
Economics.
A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be willing and able to buy at a given price.
Demand curves are generally downward sloping.
As the price increases, the quantity demanded decreases.
As the price decreases, the quantity demanded increases.