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In a demand curve, the relationship between price and quantity is?

Economics
JAMB 2001

In a demand curve, the relationship between price and quantity is?

  • A. indeterminate
  • B. direct
  • C. nil
  • D. inverse
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Correct Answer: Option D
Explanation

A demand curve shows the relationship between quantity demanded and price.

The price of a good is inversely related to the quantity demanded in the sense that, the higher the price, the lower the demand, and the lower the price, the higher the demand. 

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