Explanation to a generic demand diagram
This is made possible by Freeservers, not allowing me to remote-link the image :)
Point A shows how, more commodities are bought at lesser price and when the price increases at X axis, how the demand for the commodities decreases.
P S: Demand curve need not always be linear, but with relation to the market types.
Full page at: http://classe.8m.net/demand/curve.html
Sunday, May 4, 2008
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