Demand Curve

Demand Curve

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:

Rosemary's Individual Demand Schedule For Tins of Milk

Price Per Milk in ₦ Quantity Demanded
100 10
80 20
60 30
40 40
20 50

Rosemary's Demand Curve For Tins of Milk

This lesson is part of:

Theory of Demand

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