And it could keep going on and on. A graphical representation of the demand schedule. It shows the relationship between quantity demanded and price. A higher price for a good or service, other things equal, leads people to demand a smaller quantity of that. define the quantity demanded of a good or service and illustrate it using a demand schedule and a demand curve. Distinguish between the following pairs of concepts: if you're seeing this message, it means we're having trouble loading external resources on our site. If you're behind a filter, please make sure that the domains. study with quizlet and memorize flashcards containing terms like demand, demand schedule, demand curve and more. a demand curve shows the relationship between price and quantity demanded on a graph like figure 3. 2, with quantity on the horizontal axis and the price per gallon on the.
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