The line that relates the price of a good and the quantity demanded of that good is called the

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The line that relates the price of a good and the quantity demanded of that good is called the demand curve, and it usually slopes downward. This is because, in general, as the price of a good increases, the quantity demanded of that good decreases, and vice versa. A demand schedule is a table that shows the quantity of a good that consumers are willing and able to buy at different prices, while a demand curve is a graphical representation of that schedule.

The Line That Relates the Price of a Good and the Quantity