मराठी

Why does the demand curve always slope downwards?

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प्रश्न

Why does the demand curve always slope downwards?

पर्याय

  • There is a direct relation between price and quantity demanded

  • There is an inverse relation between price and quantity demanded

  • Demand never changes

  • Price is ignored in demand analysis

MCQ
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उत्तर

There is an inverse relation between price and quantity demanded

Explanation:

The demand curve slopes downwards because quantity demanded increases when price decreases.

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