What is a demand curve?

consumers buying more of a good when its price decreases and less when its price increases

a table that lists the quantity of a good a person will buy at each different price

a table that lists the quantity of a good all consumers in a market will buy at each different price

a graphic representation of a demand schedule

1 answer

A demand curve is best described as a graphic representation of a demand schedule. It visually illustrates the relationship between the price of a good and the quantity demanded by consumers, typically showing that as price decreases, the quantity demanded increases, and vice versa.