The curve that shows the relationship between the sales price and quantity sold is called the:
A) marginal revenue curve.
B) average cost curve.
C) profit curve.
D) demand curve.
E) revenue curve.

Question

Quizplus · Accepted Answer

The demand curve shows the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices. It typically slopes downward, indicating that as the price decreases, the quantity demanded increases, and vice versa.

The Curve That Shows the Relationship Between the Sales Price