Demand Curve
Graphical representation showing relationship between price and quantity demanded.
Real World
COVID-19 shifted the demand curve for home exercise equipment rightward — at every price, consumers wanted more Peloton bikes, pushing revenues up 172% in 2020.
Exam Focus
For 'explain' or 'analyse' questions, always state what causes the shift and which direction the curve moves, not just that 'demand changes'.
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