Question:
Demand curve shows the relationship between:
Demand curve shows the relationship between:
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The law of demand states that, all else being equal, as the price of a good increases, the quantity demanded decreases.
Updated On: Nov 5, 2025
- Cost and Price
- Price and Sales
- Cost and Revenue
- Demand and Price
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The Correct Option is D
Solution and Explanation
The demand curve shows the relationship between the quantity demanded of a good or service and its price. As price changes, the demand changes in the opposite direction, representing the inverse relationship between demand and price.
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