<h2>Demand Curve</h2>
<p>When the demand schedule is graphed, we obtain a demand curve. A demand curve is a graph showing the relationship between the price and the quantity demanded of a commodity. Example:</p>
<p><strong>Rosemary's Individual Demand Schedule For Tins of Milk</strong></p>
<table>
<tbody>
<tr>
<td>Price Per Milk in ₦</td>
<td>Quantity Demanded</td>
</tr>
<tr>
<td>100</td>
<td>10</td>
</tr>
<tr>
<td>80</td>
<td>20</td>
</tr>
<tr>
<td>60</td>
<td>30</td>
</tr>
<tr>
<td>40</td>
<td>40</td>
</tr>
<tr>
<td>20</td>
<td>50</td>
</tr>
</tbody>
</table>
<p><strong>Rosemary's Demand Curve For Tins of Milk</strong></p>
<p><img alt="" class="alignnone size-full wp-image-405214" height="497" src="https://data.ulearngo.com/assets/118ee828-855d-40e0-8139-c865156e334f" width="800"/></p>

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Demand Curve

Economics studies social behavior guiding the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society, and for the production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society. 

Economics

Discover the principles behind the behavior of consumers and the factors that affect demand, including determinants of demand, types of demand, elasticity of demand, and its measurement, as well as how to apply price elasticity of demand in real-life situations.


Demand Curve

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