Question

If price and demand moves in same direction, what will demand curve look like? when is it possible? ​

Answer 1

If price and demand moves in same direction, what will demand curve look like? when is it possible?

Ans..The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time. In a typical representation, the price will appear on the left vertical axis, the quantity demanded on the horizontal axis.

By, @VaishnaviSah

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Answer 2

Answer:

Movement of the demand curve happens when all other factors affecting the quantity demanded, remain constant and only the price changes. Hence, the demand moves upward or downward along the same curve.

By XxitzSehzadixX06