Economy, asked by raslimishal68, 3 months ago

State the reasons behind downward slope of the demand curve.

Answers

Answered by HarishBhagat

Answer:

The demand curve is downward sloping, indicating the negative relationship between the price of a product and the quantity demanded. For normal goods, a change in price will be reflected as a move along the demand curve while a non-price change will result in a shift of the demand curve.

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