Demand curve slopes downward because of the law of

1.	Demand curve slopes downward because of the law of
Answer» Diminishing MARGINAL utility Demand curve SLOPES downward because of the law of Diminishing marginal utility. The law of diminishing marginal utility states that with each INCREASING quantity of the COMMODITY, its marginal utility declines.

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Diminishing MARGINAL utility

Demand curve SLOPES downward because of the law of Diminishing marginal utility. The law of diminishing marginal utility states that with each INCREASING quantity of the COMMODITY, its marginal utility declines.

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Demand curve slopes downward because of the law of

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