Economy, asked by manjulahemu3198, 9 months ago

Explain the situation in which the demand curve slopes upwards from left to right?

Answers

Answered by KeshavGiri79
2

Answer:

When the income of the consumer's increases they purchase more goods and vice-versa. Thus, income and demand have a directly proportional relationship. This implies that the demand curve slopes upward from left to right. This holds true in case of superior or normal goods only.

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