0
Add your answer:
Earn +20 pts
How is price elasticity of demand measured on a particular point on a negatively sloped demand curve?
point method
Why is the demand curve negatively sloped?
The demand curve is negatively sloped to represent the declining marginal utility from consumption. At greater quantities of consumption each additional unit of a good consumed will yield relatively less utility, thereby reducing the marginal willingness to pay for that good.
Why a demand curve is negatively sloped?
Demand (units sold) will drop as price increases. More people will buy a product when the price is low; less people will buy the same product when the price is high.
What happens when the bonds supply curve becomes negatively sloped?
when we use the "loanable funds frame work" the Bs become negative.\ Supplying a bond = demanding a loan = demanding loanable funds. Demanding a bond = supplying a loan = supplying loanable funds.
Is the production possibilities frontier upward sloping or downward sloping?
downward
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
Why indifference curves are always negatively sloped?
its something to do with a non satiation assumption. ie if all the bundles on the indifference curve are "goods" (actively wanted products) then the indifference curve slopes downward from L to R. if there is a "good" and a "bad" on the curve then it will be positively sloped. (upward from L to R)
A demand curve with Unitary Elasticity at all points is?
Is negatively sloped linear curve
Can the average costs rise while the marginal costs are declining?
MC is the change in Tc divide by change in quantity. MC will always be negatively sloped and ATC has positively sloped.
How is price elasticity of demand measured on a particular point on a negatively sloped demand curve?
point method
Why is the demand curve negatively sloped?
The demand curve is negatively sloped to represent the declining marginal utility from consumption. At greater quantities of consumption each additional unit of a good consumed will yield relatively less utility, thereby reducing the marginal willingness to pay for that good.
The labor demand curve is negatively sloped because?
this site has no sense I dont know why you call yourself answer.com
IS the tax multiplier always positive?
tax multiplier is always negative not positive, because of downward sloped aggregte demand curve
Are fronts sloped or vertical?
They are sloped
Does negatively charged mean it has gained extra electrons?
If you mean negatively charged ion - then yes
Is perpendicular vertical?
Not necessarily. A perpendicular to a sloped line will be sloped. It will be at right angles to the sloped line, though.
Why is incline planes the simpliest of the simple machine?
I am vikrant .inclined plane is a slopy plane from which heavy objects can move easily(only in downward direction).according to my thinking it is based on gravity as gravity act in downward direction but a plane(inclined) is sloped so the object on it donot finds a downward path but finds a slopy path .
