By adding up all the units of a good that consumers are keen to purchase at any given price, we will describe a market demand curve, which is at all times sloping downward, like the one proven in the chart beneath. Each level on the curve displays the quantity demanded at a given worth . At point A, for instance, the amount demanded is low and the worth is high . At larger prices, shoppers demand much less of the great, and at decrease prices, they demand extra. Katrina Ávila Munichiello is an skilled editor, author, fact-checker, and proofreader with…