ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A demand curve illustrates the quantity demanded at every possible price at a given time.

Detailed explanation-2: -A demand curve is a graph showing the quantity demanded at each and every possible price that might prevail in the market at a given time.

Detailed explanation-3: -The demand curve is a line graph utilized in economics, that shows how many units of a good or service will be purchased at various prices. The price is plotted on the vertical (Y) axis while the quantity is plotted on the horizontal (X) axis.

Detailed explanation-4: -A demand curve illustrates the relationship between the price of a product and the quantity of sales that result, based on the behavior of the consumers.

Detailed explanation-5: -Demand is represented by entire demand curve; quantity demanded is represented by a single point on the demand curve that correlates with one price and one quantity.