Want this question answered?
why demand curve slopes downward from left to the right
aggregate demand curve is the total sum of all the individual demand curves while individual demand curve is the demand made by the single individual.
Demand curve is slope downward because of inverse relationship between price and quantity.
how is a demand curve derived from individual demand curve ?
slopes downward
why demand curve slopes downward from left to the right
aggregate demand curve is the total sum of all the individual demand curves while individual demand curve is the demand made by the single individual.
Demand curve is slope downward because of inverse relationship between price and quantity.
how is a demand curve derived from individual demand curve ?
slopes downward
NO
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
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 is a single curve which slopes downwards from left to the right indicating an inverse relationship between price and quantity demanded. a demand schedule is a table which gives the quantity demanded at each range of prices.
because demand decreases as price increases :)
i. A demand curve is a single curve which slopes downwards from left to the right indicating an inverse relationship between price and quantity demanded And A demand schedule is a table which gives the quantity demanded at each range of prices.