Question

. The demand function D = f(p), where p denotes the price, is an
a)
Increasing function
b)
decreasing function
c)
Fluctuating function
periodic function​

Answer 1

Answer:

b

Step-by-step explanation:

decreasing fuction so now you know the Right answer typing

Answer 2

The demand function is decreasing function.

Explanation:

• The demand function will be a decreasing function.
• The relationship between the demand of a commodity and the price of the same commodity is inversely related to each other.
• When the price of a good increases then the demand for that good decreases and vice-versa.
• This is because an increase in the price of a good does not attract a rational customer.
• He/she will always want to buy at lower prices.
• Hence, the demand function is decreasing function.