Traditional Culture Encyclopedia - Traditional stories - What are the general characteristics of the demand-supply curve?

What are the general characteristics of the demand-supply curve?

Demand curve is a curve showing the relationship between price and demand, which refers to the table or curve of the quantity of goods that buyers are willing to buy at various price levels under the same other conditions. Where demand cannot be observed. The demand curve can appear in any shape, and the demand curve that can conform to the demand theorem can only tilt to the lower right.

Characteristics of general demand curve:

1. The demand curve is inclined to the lower right with a negative slope.

2. The demand curve can be a straight line or a curve.

3. Demand and demand have different meanings.

There is not only one demand curve, but also countless ones.

The supply curve is a functional relationship between commodity price and supply expressed by geometric figures, and the supply curve is a curve drawn on the plane coordinate diagram according to the combination of commodity price and supply in the supply table.

Characteristics of general supply curve:

1. The supply curve inclines to the upper right with a positive slope.

2. The supply curve can be a straight line or a curve.

3. Supply and supply have different meanings.

There is not only one supply curve, but also countless ones.