47.7k views
5 votes
What principle does this demand curve demonstrate

User HalloDu
by
5.1k points

2 Answers

2 votes

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 any given price. It is a graphic representation of a market demand schedule.

User Cornel Marian
by
4.7k points
3 votes

Answer:

The correct answer is that the demand curve demostrate that people want what the product or service is providing.

Step-by-step explanation:

When the demand curve goes high the supply may be low and the price goes high. Economic is an simbiotic process.

User Damian Polac
by
4.8k points