The demand curve is a graphic representation of:

a. the relationship between price and quantity supplied of a certain good or service.
b. the relationship between price and quantity demanded of a certain good or service.
c. the relationship between supply and demand for a certain good or service.
d. the relationship between productivity and quantity demanded of a certain good or service.

b. the relationship between price and quantity demanded of a certain good or service.

The demand curve is a graphic representation of the relationship between price and quantity demanded of a certain good or service.

Economics

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Is a firm technologically efficient if it uses the latest technology? Why or why not?

What will be an ideal response?

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Equilibrium output is reduced by an increase in

A) planned investment. B) taxes. C) government spending. D) net exports.

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