Word forms: (regular plural) demand curves
( Finance : Economics )
A change in quantity demanded is a result of a change in the price of the goods, and
is reflected in a movement from one point to another on a given demand curve.
It is generally assumed that the demand curve is downward sloping: as prices go up, demand goes down.
A demand curve is a graph showing the price of an item and the amount consumers want to buy.
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