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B) Demand curve is a graphic representation of demand schedule expressing the relationship between different quantities demanded at different possible prices of a commodity. In the above figure, the demand curve has been represented. In this diagram, demand of pie per week is shown on the OX-axis and the price of pie per week is shown on the OY-axis. Every point on this demand curve expresses the relation between price and demand. When price is $ 6.00 per unit the pie demand is 3 pies per week. When price is $1.00 per unit, the pie demand is 8 pies per week. Thus, demand curve slopes downwards from left to right indicating that at higher price demand is less, and at lower price demand is high.

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