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Question
Distinguish Between
Demand curve and Supply Curve
Distinguish Between
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Solution
| Sr. No. | Demand Curve | Supply Curve |
| 1. | Demand curve is a graphical representation of a demand schedule. | Supply curve is a graphical representation of a supply schedule. |
| 2. | Demand curve has negative slope because there is an inverse relationship between demand and price. | Supply curve has positive slope because there is direct relationship between supply and price. |
| 3. | Demand curve slopes downward from left to right. | Supply curve slopes upward from left to right. |
| 4. |  |
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