Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

demand curve what does this demand curve demonstrate? demand increases …

Question

demand curve
what does this demand curve demonstrate?
demand increases as prices increase.
demand increases as prices decrease.
prices decrease as demand decreases.
prices remain the same as demand increases.

Explanation:

Brief Explanations

The demand curve shows an inverse relationship: as price moves from $2.50 (low) to $15.00 (high), quantity demanded falls from 45 to 10. This matches the law of demand, where lower prices lead to higher quantity demanded, and higher prices lead to lower quantity demanded.

Answer:

Demand increases as prices decrease.