Economy, asked by qnaved90, 2 months ago

an individual demand curve slopes downward to the right because of the​

Answers

Answered by varshakale0001
2

Answer:

When price fall the quantity demanded of a commodity rises and vice versa, other things remaining the same. It is due to this law of demand that demand curve slopes downward to the right. ... In other words, as a result of the fall in the price of the commodity, consumer's real income or purchasing power increases

Similar questions