A demand curve shows the relationship between ___________________ in a period of time.
A) income and demand
B) demand and cost
C) price and elasticity
D) profit and price
E) price and demand

Question

Quizplus · Accepted Answer

A demand curve shows the relationship between price and demand in a period of time. As the price of a good or service changes, the quantity demanded by consumers also changes, and this relationship is represented by the downward curve of the demand curve.

A Demand Curve Shows the Relationship Between ___________________ in a Period