A demand curve is the schedule that shows the relationship between the price of a product and ______.

Question

Quizplus · Accepted Answer

The demand curve shows the quantity of a product that buyers are willing and able to purchase at each given price level. This relationship between price and quantity demanded is the fundamental relationship shown on a demand curve. The other choices - overhead costs, marketing costs, and quantity supplied - are all related to the supply side of the market, rather than the demand side.

A Demand Curve Is the Schedule That Shows the Relationship