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What is difference between supply and …

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What is difference between supply and demand curve

Posted by Vijay Tripathi 8 years, 7 months ago

CBSE > Class 11 > Economics

1 answers

Naveen Sharma 8 years, 7 months ago

Demand curve looks at the consumer’s side for buying goods and services, and the supply curve looks at the producer’s side for selling goods and services.
The demand curve will slope downwards from left to right since it shows an inverse relationship between price and quantity demanded.
The supply curve slopes upward from left to right, as it shows the direct relationship between price and quantity.

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