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demand curve

demand curve

2 5.1
A line on a graph that shows how price affects how much people buy
  • noun
  • /dɪˈmænd kɜrv/
  • Specialized
translation icon : curva de demanda
  • Saudi Arabia operates on the elastic part of its demand curve, while OPEC operates on the inelastic segment of its demand curve.
  • downward-sloping demand curve
  • shift the demand curve
  • net demand curve

If people's income change, it shifts their demand curve OK.

Examples

  • To illustrate, Figure 2 contains an illustrative version of the short-run natural gas demand curve.

    Academic text (1990)
  • Winter weather was unusually cold, and that pushed the winter demand curve to the right.

    Academic text (2001)
  • In the long run, the position and shape of the demand curve will change.

    Academic text (1990)
  • So we have a demand curve for saving.

  • Within each district, demand curves for water are defined for household, industrial, and agricultural uses of water.

    Academic text (2006)
  • The demand curve, D, represents consumers' willingness to pay for any specific quantity of the crop.

    Academic text (2009)
  • Economists call this shifting the demand curve outward, and no one disputes that it results in a bigger, more productive economy.

    Academic text (2006)
  • As institutional and capital constraints are relaxed, the portions of the demand curve tend to flatten.

    Academic text (1990)
  • As mentioned earlier, a monopolist or dominant producer must operate on the elastic part of the demand curve.

    Academic text (2000)
  • The demand curve shows how much of a product consumers are willing to buy at different prices.

Synonyms

demand
vsdemand curve
  • Specialized
193 2.7

How much people want and can buy of a product at a price

is a graph plotting price against quantity consumers choose

Antonyms

supply curve
  • Specialized
1 4.6

A graph that shows how much producers will sell at different prices

How Elastic

perfectly elastic demand
  • Specialized
8.1
elastic demand
  • Specialized
5.6
demand curve
  • Specialized
2 5.1
perfectly inelastic demand
  • Specialized
7.5

Surface Forms

demand curve singular
demand curves plural

Morphology

demand + curve

This is a transparent noun–noun composition: it denotes a curve (plotted line) that represents demand (the relationship between price and quantity). A B1 learner who knows 'demand' in the economic sense and 'curve' as a graphable line can readily infer this meaning; the construction is compositional and common across languages in economic terminology.

Etymology

Demand curve comes from a simple picture: a curved line on a graph that links demand, meaning how much people want, and the 'price' of a good. Because people buy less when the 'price' goes up, the line slopes down, so the curve shows how demand changes with 'price'.