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Question
The demand curve which indicates the inverse relationship between price and demand ______.
Options
Slopes upward
Slopes downward
Remains horizontal
Remains vertical
MCQ
Fill in the Blanks
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Solution
The demand curve which indicates the inverse relationship between price and demand slopes downward.
Explanation:
If there is an inverse connection between the variables of demand and price, the demand curve will consistently show a downward slope.
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