Economics
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Boundless Economics
Introducing Supply and Demand
Demand
Economics Textbooks Boundless Economics Introducing Supply and Demand Demand
Economics Textbooks Boundless Economics Introducing Supply and Demand
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 7
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Changes in Demand and Shifts in the Demand Curve

Demand Curve

Demand Curve

A demand curve provides an economic agent's price to quantity relationship related to a specific good or service. Movements along a demand curve are related to a change in price, resulting in a change in quantity; shifts is demand (D1 to D2) are specific to changes in income, preferences, availability of substitutes and other factors.

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    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Supply-and-demand."
    http://en.wikipedia.org/wiki/File:Supply-and-demand.svg Wikipedia CC BY-SA.

Related Terms

  • normal good
  • inferior good
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