Translate

Visit to www.mrmcse.com

08 March 2018

Draw a demand curve from a demand schedule




Demand Curve: The negative relation in between the market price of product and the quantity demanded of that product can be represented by a demand schedule. The graphical representation of demand schedule is called the demand curve.


According to the demand law, a demand curve is given below from a demand schedule.
The downward slope of demand curve indicates the negative relationship in between price and quantity demand of a market.

No comments:

Post a Comment