A demand curve displays how the number of units demanded changes as the price point of the item increases. The quantity is measured on the X-axis and the price is shown on the Y-axis. The X-axis is ...

A demand schedule and demand curve both show the same data, just in different forms. When you examine the relationship between quantity and price by looking at the raw data in a table, you're looking ...

An Excel workbook called DemandCurve.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard consumer theory optimization problem and then derive a ...