Economy, asked by princesskathere1231, 1 year ago

The vertical axis of a demand curve shows

Answers

Answered by Anonymous
4
Demand curve, in economics, a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis.
Answered by Nyaberiduke
3

The vertical line of a demand curve shows the price of the product while the horizontal line shows the quantity demanded for the product as shown in the diagram below. attached in a picture;

Trying to analyse the curve , there is increase of demand alongside that of supply .This is the most conspicuous things that we can learn from the curve.

Attachments:
Similar questions