This curve should start in the upper-left, and end in the lower right: When the price is high, consumers demand a lower quantity of that good, and vice versa. This is the demand curve.

The aggregate supply curve is a concept in macroeconomics that, with the addition of the aggregate demand curve, shows the equilibrium level of prices and quantity in an economy. It is also used ...

Graph the demand curve. Find the equilibrium price and quantity of spades. (Hint: at the equilibrium Q D =Q S). c). Bowing to pressure from the mechanical digger lobby, the government decides to ...