Economy, asked by kumaranimesh161, 1 month ago

Demand curve slopes from left to right​

Answers

Answered by Anonymous
11

Required 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.

Hope it will helps

:)

Answered by Anonymous
7

Required 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.

Hope it will helps

:)

Answered by Anonymous
7

Required 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.

Hope it will helps

:)

Answered by Anonymous
8

Required 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.

Hope it will helps

:)

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