What does the "Demand Curve" show?

The responsiveness of consumer demand for software products.

The fluctuation in demand for luxury goods at different price points.

The relationship between the price of a good and the quantity of demand for that good.

The relationship between the number of customers a business has compared to its employees.

1 answer

The "Demand Curve" shows the relationship between the price of a good and the quantity of demand for that good. It typically illustrates how, as the price decreases, the quantity demanded generally increases, and vice versa, reflecting the law of demand.

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