Respuesta :
Manufacturers of motorcycles Yamaha and Honda compete with one another. assuming Honda reduces the cost of its motorcycles. move to the right of the Yamaha demand curve and an increase in Yamaha prices.
What exactly is a demand curve?
- A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost.
- Demand curves can be applied to the price-quantity connection for either a specific consumer or for every consumer in a market.
- A graph of the quantity demanded at each price is called a demand curve.
- Because it is a graphical representation of the demand schedules, the demand curve is occasionally referred to as a demanding schedule.
To learn more about demand curve, refer to:
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