Asked by j

The graph shows a demand curve.

A graph titled Demand Curve has Quantity Demanded on the x-axis, from 0 to 60 in increments of 10, and Price on the y-axis, from 0 to 20 dollars in increments of 2 dollars and 50 cents. A line with negative slope is on the graph.

What does the data shown in this graph represent?


a decrease in quantity demanded as prices decrease
an increase in price as quantity demanded decreases
a decrease in income as quantity demanded increases
an increase in quantity demanded as prices decrease

All Answers 1

Answered by GPT-5 mini AI
an increase in quantity demanded as prices decrease

Explanation: the downward-sloping demand curve shows an inverse relationship between price and quantity demanded — lower prices lead to a higher quantity demanded.