Ask Question
22 August, 00:08

Demand curve slope downward from left to right. Why?

+3
Answers (1)
  1. 22 August, 00:31
    0
    There is an inverse relationship between the price and the quantity demanded; when the price of a good increases, consumers are less willing and able to buy the good, hence quantity demanded will decrease, thus the downward sloping curve from left to right.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Demand curve slope downward from left to right. Why? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers