Economy, asked by Moqaddar786, 9 months ago

What is the slope of pcc curve in case of neccessary commodity.

Answers

Answered by Anirudhbhardwaj01

1

Explanation:

price consumption curve (PCC) is sloping downward.
Downward sloping price consumption curve for good X means that as the price of good X falls, the consumer purchases a larger quantity of good X and a smaller quantity of good Y.

Previous Question

Next Question

Similar questions

Science, 5 months ago

Optical Fibre is used in (A) Endoscopy (B)Biometric Machine (C) Simple Microscope (D)Simple Telescope...

English, 5 months ago

ravi hits the ball change the voice...

Math, 5 months ago

1/3(x-3)+3/2=1/3(4x-3)+7/2...

Biology, 9 months ago

What is average height of a 17 year old boy??

Social Sciences, 9 months ago

how does a information from the government reach...

India Languages, 11 months ago

In which of the following aspects Local Storage is advantageous over cloud...

English, 11 months ago

Gopi broke the glass .the question tag to be used for above statement is...

Hindi, 11 months ago

Thought of andere se mat daro sitare andere me hi chamakte h...