Economy, asked by adilghafoor331, 2 months ago

Why Demand Curve slopes downward? Explain

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Answered by MsQueen6

Answer:

The demand curve slopes downwards because as we lower the price of x, the demanded starts growing. At a lower price, purchasers have an extra income to spend on buying the same good, so they can buy greater of it. This ends in an inverse relationship between price and demand.

Answered by TheBrainlyUser96

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