Question

demand curve for any good is

Answer 1

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It is generally assumed that demand curves are downward-sloping, as shown in the adjacent image. This is because of the law of demand: for most goods, the quantity demanded will decrease in response to an increase in price, and will increase in response to a decrease in price.

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Answer 2

Answer:

It depends upon price if price is high then demand is low and vice versa

Explanation:

Demand curve is a negatively sloped curve as law of demand states that all the factors remaining same the quantity demanded and price are inversely related

OTHER FACTORS:

Taste &preference:There should be no change in taste and preferences if there is change in taste &preference then demand curve will be positively sloped

Price: price of the commodity should remain same if it is not then law of demand will not be followed.

GOODS

Substitute goods:goods like tea and coffee will be counted within substitute goods altogether the goods which can replace other good is called substitute goods for instance if price of tea increase then people will go for coffee here demand curve is positively sloped

Complementary goods:goods which are used together like bread butter say car petrol if price of petrol rises then automatically demand for car will decrease here demand curve is negetively sloped

INCOME

Normal goods: if income of a person is raised then he will consume good quality of food here demand curve is positively sloped

Inferior goods: if income of a person is low then he will consume inferior quality of food here person is bound to choose inferior quality so automatically he has to choose the low quality of food so demand curve here is negetively sloped