Economy, asked by abeerbutt, 15 hours ago

why demand curve is negative slope give 3 reason

Answers

Answered by pragmaticyo

3

The law of demand states that there is an inverse proportional relationship between price and demand of a commodity. When the price of commodity increases, its demand decreases. Similarly, when the price of a commodity decreases its demand increases.Thus, the demand curve is downward sloping from left to right.

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