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Meaning of demand curve

 

 

 

Demand curve

 

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Business glossary

 

Meaning of term demand curve :

 

A curve showing the amount of a good or service that consumers are willing and able to buy at each and every price level. The curve is downward sloping because as price increases, demand falls. The curve is drawn on the assumption of all other determinants of demand (including income, tastes and the prices of other goods) remaining constant.

 

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Demand curve

 

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Meaning of term demand curve

 

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