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What does this demand curve demonstrate?

User Iouri
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The demand curve demonstrates the increase or decrease in the demand for a specific product. IE: the price of a certain product and the amount that a consumer is willing to pay at that price.

User Ihimv
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The correct answer is:

A demand curve is a graph that has on the y-axis the demand for that product and on the x-axis its price and it demonstrates the quantities of stores demanded at each price by consumers.


For example: if the price of the product falls, this product is preferable to look for other alternatives, that have now become more expensive or can simply buy larger quantities of that product; thus, consumer demand for this product increases. Likewise, if price increases, demand will drop if all other things are equal.

User Alexander Reznikov
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