Business Studies, asked by rajatarora3395, 1 day ago

charactaristics of abnomal demand curved

Answers

Answered by archu040688
1

Answer:

Abnormal Demand: A kind of demand that is contrary to the conventional Law of demand:(the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded).Its curve does not slope downwards from left to right like the normal demand curve.

Answered by chakri49
0

Answer:

Abnormal Demand: A kind of demand that is contrary to the conventional Law of demand:(the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded). ... Its curve does not slope downwards from left to right like the normal demand curve.

Similar questions