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demand curve

demand curve in Culture

demand curve definition

A mathematical curve, drawn on a graph, that represents what the demand for a commodity would be if its price ranged anywhere from zero to infinity. The point at which it intersects the supply curve for the same commodity supposedly establishes the price of the commodity in a free market. (See supply and demand.)

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Examples from the Web for demand curve
Historical Examples
  • A complication must be noticed here, due to my use of the term, "demand curve."

    Social Value B. M. Anderson
  • Demand thus varies at different ratios of exchange between goods, and may be expressed graphically by a demand curve.

    The Principles of Economics Frank A. Fetter
  • The demand curve expresses graphically what a man would be willing to pay at each particular stage in the increase of goods.

    The Principles of Economics Frank A. Fetter
  • The new position of equilibrium will be given by the point P', where ss' cuts DD', the demand curve.

    Supply and Demand Hubert D. Henderson

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