Why does a Demand curve has a negative slope?
Answers
Answered by
8
Heya....
Demand curve has negative slope accordance to law of demand....
At high price consumer want to purchase less goods...
At low prices more goods are to be purchased...
It shows negative relationship between price and quantity ,, it leads to negative slope of demand curve...
-- Be Brainly....
Demand curve has negative slope accordance to law of demand....
At high price consumer want to purchase less goods...
At low prices more goods are to be purchased...
It shows negative relationship between price and quantity ,, it leads to negative slope of demand curve...
-- Be Brainly....
Answered by
0
Due to inverse relationship between price and demand....
Similar questions