What is a demand curve in economics?

demand curve, in economics, a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis. With few exceptions, the demand curve is delineated as

What is the difference between supply curve and demand curve?

Compare supply curve. demand curve, in economics, a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis.

Why does the demand curve shift to the right?

The demand curve shifts to the right. Increase in quantity demanded means the amount of goods purchased based on the price. So, the lower the price the greater the quantity demanded for normal goods and the higher the price, the lower the quantity demanded for normal goods along the same demand curve.