Business Studies, asked by kj2880103, 4 months ago

(i) Which of the following shows the relationship between the price of a
good and the amount of the good that consumers want at that price?
(d) Production posibilities frontier
sta
(b) Demand curve
(a) Supply curve
(c) Supply schedule​

Answers

Answered by stuti4979
1

Answer:

demand curve or a supply curve is a relationship between two, and only two, variables: quantity on the horizontal axis and price on the vertical axis.

Explanation:

Option (a) and (b)

I hope it is helpful for you

Answered by brokendreams
0

(b) Demand curve shows the relationship between the price of a good and the amount of the goods that consumers want at that price.

Law of demand:

THE LAW OF DEMAND states that the price of a good and the demand curve by consumers have an inverse relationship.

  • A demand curve is a diagram that depicts the relationship between the cost of a product as well as the demand curve over a given period of time, all else being equal.
  • Market Demand-the total amount of all the amounts demanded by all the customers in the market at provided alternative prices over a given time period, all else being equal.
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