The most we can say about the Demand Curve is that it slopes down unless it slopes up.' Discuss.
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Demand Curve
The most we can say about the Demand Curve is that it slopes down unless it slopes up.
Look at The Attachment ;
DD is demand Curve. This curve shows the inverse relationship between price and demand. When Price rises from OP1 to OP quantity demanded falls from Oq1 to Oq. When Price falls from OP to OP1 quantity demanded Oq to Oq1. So the curve DD shows the inverse relationship between price and demand. That is why the demand curve is sloping downward from left top to right bottom. The slope of demand Curve is Negative.
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