Definition

Cause

Determinants

Demand Curve

Law of demand

Exceptions

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Demand curve



Explanation to diagram:
Point A shows how, more commodities are bought at lesser price and when the price increases at X axis, how the demand for the commodities decreases.
P S: Demand curve need not always be linear, but with relation to the market types.

Related reading:
To reason why this demand curve slopes downward, read cosumer behaviour theories by various economists.

After studying the demand curve, one should learn some more dynamic concepts.