Demand curve: Difference between revisions
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A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be prepared to buy at a given price. | A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be prepared 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. | |||
== See also == | == See also == | ||
* [[Demand]] | * [[Demand]] | ||
* [[Law of demand]] | |||
* [[Supply curve]] | * [[Supply curve]] | ||
Revision as of 14:01, 5 May 2016
Economics.
A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be prepared 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.
