"The demand curve is a relationship that predicts people will want more of something when the price goes down and less of something when the price goes up. Here is Gustav, the mouse from my website economnomnomics.com, showing that the demand curve on a graph slopes downward.
As the price decreases, the quantity that people will buy increases. If the price of an additional quart of Slurpee goes all the way down to zero, people might “buy” by the bucketful, like at 7-Eleven on Bring Your Own Cup Day."
https://fee.org/articles/what-slurpees-can-teach-us-about-economics/
As the price decreases, the quantity that people will buy increases. If the price of an additional quart of Slurpee goes all the way down to zero, people might “buy” by the bucketful, like at 7-Eleven on Bring Your Own Cup Day."
https://fee.org/articles/what-slurpees-can-teach-us-about-economics/