D
Dicread
HomeDictionaryDdemand curve

Note: The translation for this entry is currently under quality review. Some content is temporarily displayed in English only.

demand curve

demand curve
Danh từ
Số nhiều: demand curves

This term is a technical instrument of microeconomics used to visualize the law of demand. It typically slopes downward from left to right, illustrating the inverse relationship between price and quantity demanded. In professional economic discourse, it is treated as a precise analytical tool rather than a general description of consumer desire.

When discussing shifts in the curve, economists distinguish between a movement along the curve (caused by a change in the price of the good itself) and a shift of the entire curve (caused by external factors like income or tastes). Misusing these terms in an academic or professional setting can lead to significant conceptual errors in market analysis.

Ý nghĩa

Danh từdemand curve

A graph showing the relationship between the price of a particular good or service and the quantity that consumers are willing and able to purchase at that price.

The demand curve for luxury cars typically shifts to the right as consumer income increases.

Từ liên quan

supply curveeconomicspricequantitymarketequilibriumelasticityconsumerutilitypreferencesubstitutioncomplementincomebudgetslopeinterceptgraphaxiscoordinatefunctionshortagesurplusallocationscarcityvaluemarginal utilitydemandsupplytradecommercecompetitionmonopolyoligopolyfirmproducerbuyersellertransactionprice ceilingprice floorinflationdeflationconsumptionexpenditurerevenueprofitcostincentivecommoditygoodserviceutility functionindifference curveshiftmovementdeterminantaggregate demandmacroeconomicsmicroeconomicseconometricsoptimizationdeadweight lossefficiencyequilibrium price
Last Updated: May 2026Report an Error