hey users..
why does demand curve slope downward ?
Answers
Answered by
0
here ur answers...
1.according to the law of diminishing marginal utility construction of a commodity increase marginal utility of each successive unit goes on dimnishing.accordingly for every additional you need to be purchased the consumer is willing to pay less and less price .
2.fall in real income increases ,accordingly demand for the commodity expand.income effect factor on quantity demanded when real income of the ball changing to change in price of the commodity.
3.when price of a commodity Falls many mobile can afford to buy it. accordingly demand for the commodity is increases
1.according to the law of diminishing marginal utility construction of a commodity increase marginal utility of each successive unit goes on dimnishing.accordingly for every additional you need to be purchased the consumer is willing to pay less and less price .
2.fall in real income increases ,accordingly demand for the commodity expand.income effect factor on quantity demanded when real income of the ball changing to change in price of the commodity.
3.when price of a commodity Falls many mobile can afford to buy it. accordingly demand for the commodity is increases
Similar questions