Economy, asked by ramneetkour2457, 9 months ago

Why does demand curve slope downwards?

Answers

Answered by shikharsharma95366

2

Explanation:

According to this principle, the marginal utility of a commodity reduces when the quantity of goods is more. Consequently, when the quantity is more, the prices will fall and demand will increase. Hence, consumers will demand more goods when prices are less. This is why the demand curve slopes downwards.

Previous Question

Next Question

Similar questions

Social Sciences, 4 months ago

why is sea food a staple diet of people living in coastal plains...

Math, 4 months ago

The inner circumference of a circular race track is 264 m and the width of the track is 7m. Calculate he cost of putting up a fence along the outer circle of the track at the rate of 15 pet metre...

English, 4 months ago

every leaf and flower look/looks fresh.which is correct look or looks...

Social Sciences, 9 months ago

how seasons occur give reason...

Math, 9 months ago

when was bill gates born...

History, 1 year ago

| सौरमंडल का एक सुन्दर चार्ट बनाएं। ...

Math, 1 year ago

insert 5 rational numbers between 3/8 and-1/2...

English, 1 year ago

Marie will be seven years old on Sunday. She is celebrating her birthday by party. She invited nine students from her class. At the party everyone will pla dance and eat pizza Marie's mother made her a Chocolate cake with pink desert Marie can't wait until Sunday! Q:-How old will Marie be on Sunday? Q: What will the children do at the party? Q: How do you think Mane feels about her party? Why?