Demand curve
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Demand curve is a line that shows the relationship between price and quantity demanded of a certain good or service on a graph, with quantity on the horizontal axis and the price on the vertical axis.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Demand curve. A line that shows the relationship between price and quantity demanded of a certain good or service on a graph, with quantity on the horizontal axis and the price on the vertical axis.