Economy, asked by hiteshthakur1087, 1 year ago

Why does a demand curve slope downward from left to right

Answers

Answered by luk3004
5

As the quantity and price are inversely related the demand curve of a commodity slopes downward from left to right. ... A demand curve simply indicates that the quantity demanded of a commodity falls with a rise in its price and rises with its fall.

Attachments:
Answered by Cjcdog2
4

Answer:

because demand decreases as price increases

Explanation:

Why does a demand curve slope downward from left to right?

 

because revenues decrease as price increases

 

because revenues increase as price decreases

 

because price increases as demand increases

 

because demand decreases as price increases

Similar questions