Market demand curve,
Definition of Market demand curve:
A graph that shows the amount of a good or service that consumers purchase on the X axis at a range of pricing levels that are plotted on the Y axis. The market demand curve for a good or service provided by a business can be combined with its market supply curve to determine the products equilibrium price that is located where the two curves cross.
How to use Market demand curve in a sentence?
- You should try to figure out how the market demand curve will work for or against you and quickly adapt to it.
- At the company-wide meeting, Rubin was excited to announce improved sales numbers in all electronics divisions and pointed to a market demand curve in the research data which clearly demonstrated that.
- We always used graphs to help with business so we had to consult our market demand curve and see how everything was going.
Meaning of Market demand curve & Market demand curve Definition