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Webstudy with quizlet and memorize flashcards containing terms like demand, demand schedule, demand curve and more. Distinguish between the following pairs of concepts: A higher price for a good or service, other things equal, leads people to demand a smaller quantity of that. A graphical representation of the demand schedule. Weba 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. And it could keep going on and on.

Weba 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. And it could keep going on and on.