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How does the principle of diminishing marginal utility explain the slope of the demand curve?

The principle of diminishing marginal utility explains the slope of the demand curve by letting us be able to see which direction the slope is in, which is always downward.


What does slope tell us about a line?

Its angle of incline.


Indifference curve analysis is not much in use because it only tells us that demand curve has a negative slope except when they don't .?

indifference curve analysis is not much in use because it only tells us that demand curve has a negative slope except when they don't ....


What was Anne Franks daily schedule at the concentration camp?

tell us


Hat if the Floating exchange rate system increased the US imports of Japanese good would this cause the demand schedule for Japanese yen to?

Increase


What happens when the price of a good drops?

Supply & Demand, EconomicsEconomic studies tell us that when the price of a good drops, demand will rise. Furthermore, when the price of a good rises, demand will go down.


What will happen when the price of goods drop?

Supply & Demand, EconomicsEconomic studies tell us that when the price of a good drops, demand will rise. Furthermore, when the price of a good rises, demand will go down.


What happens when inflation falls?

Supply & Demand, EconomicsEconomic studies tell us that when the price of a good drops, demand will rise. Furthermore, when the price of a good rises, demand will go down.


Where one can find a wifi mystery gift schedule for Soul Silver or Heart Gold?

i am not sure if you can get a complete schedule... but i recommend going to pokemongoldsilver.com every so often because they tell us on time.


What does the slope of the line on distance over time graph tell us?

The slope of a line on a distance over time graph represents the speed or velocity of the object. A steeper slope indicates a faster speed, while a shallower slope indicates a slower speed. If the line has a negative slope, it indicates that the object is moving in the opposite direction.


The slope of a vertical line is?

A vertical line is NO SLOPE to ski on. That's how my Algebra teacher taught us to remember it. Slope is rise/run with run=0, so the slope is infinity or "No Slope"


What is in demand to study in US in field of IT?

Network administration is an IT field that's in demand in the US.