AP Macroeconomics Flashcards: Demand
Written by AP Content Team, Verified for 2026 AP Exams, Last updated: May 2026
Review key ideas with interactive flashcards. This set includes 10 cards to help you master important concepts.
Define 'downward-sloping demand curve'.
A downward-sloping demand curve is the graphical representation of the law of demand, showing the inverse relationship between price and quantity demanded.
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Define 'downward-sloping demand curve'.
A downward-sloping demand curve is the graphical representation of the law of demand, showing the inverse relationship between price and quantity demanded.
What is the primary cause of a movement *along* the demand curve?
A change in the price of the good or service itself causes a movement along the demand curve, representing a change in quantity demanded.
What is the law of demand?
The law of demand states there is an inverse relationship between the price of a good or service and the quantity demanded.
How does the law of demand appear on a graph?
The inverse relationship between price and quantity demanded leads to a downward-sloping demand curve.
What is the relationship between the price of a good and the quantity demanded?
There is an inverse relationship between the price of a good or service and the quantity demanded.
What are the determinants of demand?
Determinants of demand are factors, such as changes in consumer income, that influence consumer demand and cause the market demand curve to shift.
A consumer's income changes. Does this event cause a change in quantity demanded or a change in demand?
A change in consumer income is a determinant of demand, which causes a change in demand, represented by a shift of the entire demand curve.
What causes the market demand curve to shift?
Factors that influence consumer demand, known as the determinants of demand, cause the market demand curve to shift.
What is the effect of a change in consumer income on the market demand curve?
A change in consumer income is a determinant of demand that causes the market demand curve to shift.
Contrast a shift of the demand curve with a movement along the demand curve.
A shift of the demand curve is caused by a change in a determinant of demand, while a movement along the curve is caused by a change in the good's own price.