The number of units of a product people would be willing to purchase at differing price levels is known as ______.

A) the demand curve
B) the supply curve
C) the product curve
D) the price curve

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded for a given period.

Supply Curve

A graph showing the relationship between the quantity of goods supplied by producers and the price of those goods.

Price Levels

The average of current prices across the entire spectrum of goods and services produced in the economy.