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Negatively stoped demand curve is in which market? |
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Answer» Answer: The demand curve is downward SLOPING, indicating the NEGATIVE relationship between the PRICE of a product and the quantity demanded. For normal goods, a change in price will be reflected as a move along the demand curve while a non-price change will result in a SHIFT of the demand curve. Two exceptions to the law of demand are Giffen goods and Veblen goods. I hope it will HELP u ✌️ |
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