demand curve

demand curve
demand curve demand curve curve

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demand curve UK US noun [C, usually singular]
ECONOMICS, GRAPHS & CHARTS the relationship, as shown by a line on a graph, between the price of goods or services and the amount or quantity that people buy during a particular period of time: »

It is generally assumed that the demand curve is downward sloping: as prices go up, demand goes down.

Financial and business terms. 2012.

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  • Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is …   Wikipedia

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  • curve — [kɜːv ǁ kɜːrv] noun [countable] a diagram showing how a price or an amount changes in relation to another price, amount etc: • The price curve is rising as the bond gets closer to maturity. US /kɜːv/ noun [C] ► GRAPHS & CHARTS a line on a graph… …   Financial and business terms

  • Demand destruction — is an economic term used to describe a permanent downward shift in the demand curve in the direction of lower demand of a commodity such as energy products, induced by a prolonged period of high prices or constrained supply. In the context of the …   Wikipedia

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