What is the function equation of demand?

1 answer

Answer

1209225

2026-03-20 08:55

+ Follow

The demand function relates price and quantity. It tells how many units of a good will be purchased at different prices. In general, at a higher price, less will be purchased. Thus, the graphical representation of the demand function (often referred to as the demand curve) has a negative slope.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.