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weve just looked at the relationship between price and quantity demanded illustrated in table form now its time to look at this most fundamental concept illustrated as a graph its called the demand curve and is one of the cornerstones of all economics remember though all of this is common sense you probably understand some of this law of demand already it simply states if the price of a good increases the quantity demanded decreases like the table this graph will curve will help us uncover more of the secrets behind this law think of it as a tool to help you visualize whats happening around you were going to use the information in the table to draw a demand curve showing the negative or inverse relationship between the price of fried chicken and the quantity demanded over the period of a week now I suggest that you out there watching this DVD get yourself a piece of paper ruler a pencil and do this following exercise with us the first step is to draw the axes and indicate the orig