market demand curve

Definition

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 product's equilibrium price that is located where the two curves cross.

Use market demand curve in a sentence

  • We always used graphs to help with business so we had to consult our market demand curve and see how everything was going.

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  • You should try to figure out how the market demand curve will work for or against you and quickly adapt to it.

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  • 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.

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