Economics GCSE
Price and quantity relationship
What Price and quantity relationship means in Economics GCSE, as defined for AQA.
Definition of Price and quantity relationship
Check what you remember
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Reference: AQA
The inverse relationship between price and quantity demanded, reflected in a demand curve that slopes downwards from left to right.
Topics that use Price and quantity relationship
- Demand for goods and services (AQA GCSE)
Related terms
- Consumer behaviour
- Consumer income and preferences
- Decrease in demand
- Demand
- Demand curve
- Goods and services
- Non-price determinants
- Normal and inferior goods
Using Price and quantity relationship in the exam
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