1.

Give reason "Demand curve slopes downward from left to right."

Answer»

Answer :

Yes, Demand CURVE SLOPES downward from left to right because when the price of the goods rises then their demand will falls.


DEMAND - 

Demand is the quantity of certain goods which are desired by the consumers from the market. 


THE LAW OF DEMAND -

This is a INVERSE relationship between the prices of goods and it's demand . If the price of the goods rise then their demand will FALL . In other words , The higher the price , The lower the quantity demanded . Demand curve is downward from left to right .



Discussion

No Comment Found