English

In case of normal goods, the demand curve is ______.

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Question

In case of normal goods, the demand curve is ______.

Options

  • downward sloping

  • upward sloping

  • horizontal

  • vertical straight

MCQ
Fill in the Blanks
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Solution

In case of normal goods, the demand curve is downward sloping.

Explanation:

The demand curve for a normal good slopes downward because, other things remaining equal, a fall in its price increases the quantity demanded. The other options do not represent this usual inverse relationship.

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Chapter 2: Demand and Law of Demand - TEST YOURSELF QUESTIONS [Page 26]

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Frank Economics [English] Class 12 ISC
Chapter 2 Demand and Law of Demand
TEST YOURSELF QUESTIONS | Q 13. | Page 26
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