Economy, asked by girisai6114, 4 months ago

9. Why the demand curve slope down words from left to write?​

Answers

Answered by Anonymous
52

Answer:

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Explanation:

Demand curve slopes downward from left to right because of the law of diminishing marginal utility. According to this law, the utility/satisfaction of the consumer goes on decreasing with every additional consumption of the commodity and hence, the consumer will buy more goods only when the price decreases.

Answered by disharana240
0

Answer:

Demand curve slopes downward from left to right because of the law of diminishing marginal utility. According to this law, the utility/satisfaction of the consumer goes on decreasing with every additional consumption of the commodity and hence, the consumer will buy more goods only when the price decreases.

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