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The quantity of an item that consumers are willing and able to acquire at various prices during a certain period of time is referred to as demand. The demand curve, which graphs the amount required on the x-axis and the price of the commodity on the y-axis, depicts this. The demand curve shows that the amount required and the price have a negative relationship. As the price of the good increases, quantity demand for the good falls and as the price falls the quantity demanded increases.
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