Ask Question
BusinessBusiness
29 April, 11:58

The demand curve: shows how much buyers are willing and able to buy at different prices. is the amount that sellers are willing and able to sell at a particular price. shows how much sellers are willing and able to sell at different prices. is the amount that buyers are willing and able to buy at a particular price.

+2
Answers (1)
  1. 29 April, 12:55
    0
    shows how much buyers are willing and able to buy at different prices

    Explanation:

    A demand curve is a graphical representation of the law of demand. The curve demonstrates the relationships between the demand for a product and its price. A demand curve slopes downwards. It shows how the quantity demanded varies with changes in prices.

    As per the laws of demand, there is an indirect relationship between price and quantity demand. A rise in demand causes a decline in demand. On the demand curve, the Y-axis has prices, while the X-axis shows quantity. As the demand curve is downward sloping, changes in price cause movement along the demand curve. High prices will lead to low demand. The demand curve shows the level of quantity demanded at different prices.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The demand curve: shows how much buyers are willing and able to buy at different prices. is the amount that sellers are willing and able to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The GDP deflator is a measure of the A. average level of prices of intermediate goods and services in the economy. B. total production of the economy unadjusted for inflation. C. total production of the economy adjusted for inflation. D.
Answers (1)
Which of the following is not a factor causing the increase in cost for health care? Select one: a. The classical rules of the marketplace have finally been applied to the health industry. b. Labor costs have risen sharply. c.
Answers (1)
The two reasons why bankruptcy is a false concern about the public debt are:
Answers (1)
Match each form of unemployment with an example. Note that every item may not have a match. a. cyclical unemployment b. structural unemployment c. frictional unemployment 1. An unemployed paper mill worker.
Answers (2)
Why can it be difficult to deal with unethical behavior in the workplace?
Answers (1)
New Questions in Business
N which business stage do you decide whether a business opportunity is a good fit for you personally? A. Identify B. Plan C. Start D. Operate
Answers (1)
Melanie has a balance of $1700 on a credit card with an apr of 24.2%, compounded monthly. about how much will she save in interest over the course of a year if she transfers her balance to a credit card with an apr of 10.
Answers (1)
Which method is used to determine a persons net worth?
Answers (1)
10. Which of the following is a way developing nations are trying to raise living standards? A. Attract investment B. Return to traditional ways of farming C. Increased tariffs D. Raise population growth
Answers (1)
Prepayments occur when: A. Cash flow precedes expense recognition. B. Sales are delayed pending credit approval. C. Customers are unable to pay the full amount due when goods are delivered. D. Manufactured goods await quality control inspections. E.
Answers (1)
Home » Business » The demand curve: shows how much buyers are willing and able to buy at different prices. is the amount that sellers are willing and able to sell at a particular price. shows how much sellers are willing and able to sell at different prices.
Sign Up Forgot Password?