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The rightward shift in the demand curve for science fiction books.

The Demand Curve: What Is It?

The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.

Knowledge of the Demand Curve

The law of demand states that when the price of a given good rises, the quantity required falls, all other things being equal. This is expressed by the demand curve moving downward from the left to the right.

Economics is an exception to the general norm that the independent variable appears on the horizontal or x-axis.

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