Supply curves slope up and to the right.
As the price goes up, suppliers are willing to produce MORE product.
Conversely, as the price goes up, consumers demand LESS of a good or service.
As a result, the demand curve slops down and to the right.
upward
upward
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
why demand curve slopes downward from left to the right
Supply curves do not always slope from left to right. A supply curve can slope from the right and when this happens this means that there is a surplus of goods at a lower price.
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
upward
upward
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
why demand curve slopes downward from left to the right
Supply curves do not always slope from left to right. A supply curve can slope from the right and when this happens this means that there is a surplus of goods at a lower price.
indifference curves slopes downward to the right
slopes downward
it will shift the supply curve to the right
When the supply curve shifts to the right, it means there is an increase in supply. This leads to a lower equilibrium price and a higher equilibrium quantity in the market.
it always rises from left to right