The Consumer Demand Curve is a graphical representation of how consumers’ demand for a good or service changes in response to the product’s price. It is used to illustrate the relationship between price and quantity demanded and can be used to determine the optimal pricing strategy for a business. Essentially, it’s an important tool that helps companies understand the value their customers place on their products and how much they are willing to pay for them. Additionally, this curve can be used to analyze customer trends and make more informed decisions related to production, marketing, and sales.