why demand curve slopes downward from left to the right
slopes downward
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
The typical demand curve slopes from left to right,because :as we all know the y axis signifies the price of the commodity, while the x axis represents the quantity demanded.And according to the law of demand,the higher the price of an item the lower the demand, and vice -versa.
Downward left to right
downward left to right
slopes downward
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
The typical demand curve slopes from left to right,because :as we all know the y axis signifies the price of the commodity, while the x axis represents the quantity demanded.And according to the law of demand,the higher the price of an item the lower the demand, and vice -versa.
indifference curves slopes downward to the right
Downward left to right
The red curve in the figure is commonly referred to as the "demand curve" in economics. It represents the relationship between the price of a good or service and the quantity demanded by consumers. Typically, the demand curve slopes downward from left to right, indicating that as the price decreases, the quantity demanded increases.
downward left to right
This has a negative slope (it slopes 'down' as you move from left to right).
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.