By adding up all the units of a great that customers are prepared to buy at any given price, we will describe a market demand curve, which is all the time sloping downward, just like the one proven in the chart under. Each point on the curve reflects the quantity demanded at a given value . At point A, for example, the quantity demanded is low and the value is high . At larger costs, customers demand much less of the nice, and at lower prices, they demand more. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and on-line publications. Adam Hayes, Ph.D., CFA, is a monetary author with 15 years Wall Street experience as a derivatives trader.
- Former RDJ managing associate Richard Martin has been appointed as an adjunct professor of law at University College Cork.