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What does the law of demand suggest that most demand curves will be?
Wiki User
∙ 6y ago
The law of supply predicts the supply curve will be upward sloping.
Wiki User
∙ 9y ago
Wiki User
∙ 13y agodownward-sloping
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The law of diminishing marginal utility explains why A supply curves slope upward B demand curves slope downward C drug addicts can never get enough D. people will only consume their favo?
B. Demand curve slopes downward. If apple #3 doesn't give you as much satisfaction (or utility) as apple #2, your demand for apples goes down before you hit apple #4.
What is derivation of law of demand?
Law of demand is the higher the price the lower of goods demand for
Define law of demand?
the law of demand state there is a negative or inverse relation ship
How is law of demand related to the demand curve?
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
How is the law of demand related to the demand curve?
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
What law is illustrated in this diagram?
The diagram illustrates the law of supply and demand. It shows how the equilibrium price and quantity are determined by the intersection of the supply and demand curves.
According to the law of demand , as prices decrease , the quantity of demand?
Nearly all demand curves share the fundamental similarity that they slope down from left to right, embodying the law of demand: As the price increases, the quantity demanded decreases, and, conversely, as the price decreases, the quantity demanded increases.
What is demand and law of demand?
The law of demand is that when you demand something you MUST say please and thank you, it's the law.
The law of diminishing marginal utility explains why A supply curves slope upward B demand curves slope downward C drug addicts can never get enough D. people will only consume their favo?
B. Demand curve slopes downward. If apple #3 doesn't give you as much satisfaction (or utility) as apple #2, your demand for apples goes down before you hit apple #4.
What is derivation of law of demand?
Law of demand is the higher the price the lower of goods demand for
Law of demand and supply?
Consumers is the law of supply and demand.
Why does the law of demand hold?
why does the4 law of demand holds
Example of law of demand?
marketing is a great example of law of demand
Define law of demand?
the law of demand state there is a negative or inverse relation ship
What is the law of geometry?
The pure mathematics of points and lines and curves and surfaces.
How is law of demand related to the demand curve?
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
How is the law of demand related to the demand curve?
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
