Question

The demand curve for a typical 1 point
good has a(n):
negative slope because some
O consumers switch to other goods as
the price rises
negative slope because consumer
O incomes fall as the price of the
good rises
negative slope because the good
O has less "snob appeal" as its price
falls
inverse slope because as the price
O goes up, the good has more
profitability​

Answer 1

Answer:

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