Economy, asked by dw345027783, 20 days ago

What does price have to do with the downward sloping of a demand curve

Answers

Answered by IIUNKNoWNBoYII
2

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.

Answered by yogeshbhuyal780
0

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

Similar questions