A demand curve shows the relationship between the quantity demanded for a commodity over a given time and?
طلب کا منحنی کسی شے کی طلب اور کس چیز کے درمیان تعلق ظاہر کرتا ہے؟
- The price of the commodity
- The tastes of consumer
- The money income of consumer
- None of these
Explanation
- A demand curve shows the relationship between the quantity demanded of a good and its price.
- It is drawn by keeping other factors constant (ceteris paribus).
- As price falls, quantity demanded rises and vice versa.
- Thus, price is the key variable affecting demand curve.
Last verified on 23-04-2026
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