The demand curve for a good is a line that relates
A)price and quantity demanded.
B)income and quantity demanded.
C)quantity demanded and quantity supplied.
D)price and income.

Question

Quizplus · Accepted Answer

The demand curve shows the relationship between the price of a good and the quantity demanded of that good, all other factors being held constant. It is a downward-sloping line, indicating that as the price of the good increases, the quantity demanded decreases, and vice versa.

The Demand Curve for a Good Is a Line That