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The demand curve which indicates the inverse relationship between price and demand - Economic Applications

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प्रश्न

The demand curve which indicates the inverse relationship between price and demand ______.

विकल्प

  • Slopes upward

  • Slopes downward

  • Remains horizontal

  • Remains vertical

MCQ
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उत्तर

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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Concept for Demand
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ १९]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 1 Elementary Theory of Demand
QUESTIONS | Q 41. | पृष्ठ १९
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