Which of the following graphs best represents the relationship between supply and demand in a competitive market?

In a competitive market, the relationship between supply and demand is typically shown with two lines on a graph. The demand curve slopes downwards from left to right, indicating that as prices decrease, consumers want to buy more of a product. The supply curve slopes upwards, meaning that as prices increase, producers are willing to supply more of the product. The point where these two lines intersect is called the equilibrium point, where the amount of goods supplied equals the amount demanded. For example, if the price of apples falls, more people will buy them, but farmers may supply fewer apples, showing how supply and demand interact in a market.