Question

The demand curve representing a conventional demand function
refers to: -
A) Price demand functional relationship
B) Proportionate relationship between Price charged and demand variation
C) Straight relationship between price charge and demand variation
D) None of these​

Answer 1

Answer:

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.

Explanation:

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