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The demand curve is downward sloping because as the price of a good or service decreases, consumers are willing and able to buy more of it. This relationship between price and quantity demanded is known as the law of demand.

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5mo ago

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Is The aggregate demand curve downward sloping for the same reason that the demand curve for a single good is downward sloping?

true because it is still supply and demand downward sloping


Is the demand curve always downward sloping?

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How does a market demand curve differ from a demand curve How are they similar?

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The law of demand is illustrated by a demand curve that is.......?

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Usually market demand curves are downward sloping.


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The demand curve faced by a pure monopolist is of downward sloping in shape.


Why is the demand curve for labor downward sloping?

The demand curve for labor is downward sloping because as the wage rate decreases, employers are willing to hire more workers to save on costs and increase production.


What does the law of demand suggest that most demand curves will be?

The law of supply predicts the supply curve will be upward sloping.


What is behind the demand curve?

Law of demand is behind the downward sloping of demand curve,i.e. inverse relationship between price and quantity demanded.


Which direction does the demand curve slope?

Is always negative. (should be in all caps for emphasis)