How is a demand curve derived from a demand schedule?

demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers. It is derived from a demand schedule, which is a table that lists the quantity demanded at each price level.<br /><br />To derive a demand curve from a demand schedule, you need to plot the quantity demanded on the x-axis and the price on the y-axis. Then, for each price level, locate the corresponding quantity demanded on the demand schedule and plot the point on the graph. Finally, connect the points to create the demand curve.<br /><br />The demand curve typically slopes downward, indicating that as the price of a good or service decreases, the quantity demanded increases, and vice versa. This relationship is known as the law of demand.