What is the Difference Between Demand Function and Inverse Demand Function?

What Is a Demand Curve?

A demand curve is a graph that shows the relationship between the demand for a product and its price. On a demand graph, the vertical axis shows the product's price, and the horizontal axis shows the quantity demanded.

What Is an Inverse Demand Curve?

With an inverse demand curve, price becomes a function of quantity demanded. This means that changes in the quantity demanded lead to changes in price levels, which is the inverse of a demand curve. The graph of an inverse demand curve is derived from the formula used to determine the demand curve for a product. A typical demand curve slopes downward from left to right.

What is the Difference Between Demand Function and Inverse Demand Function?

In the demand curve quantity demanded is a function of price. This puts quantity demanded on the vertical axis, and price on the horizontal axis.

In the inverse demand curve, price is a function of quantity demanded. This puts price on the vertical axis, and quantity demanded on the horizontal axis.

One can calcualte Demand Function, using Demand Function Calculator
One can calcualte Inverse Demand Function, using Inverse Demand Function Calculator