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प्रश्न
Assertion (A): Demand curve is downward sloping.
Reason (R): Demand curve slopes downwards from left to the right because price and quantity demanded are inversely related.
पर्याय
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
उत्तर
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
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संबंधित प्रश्न
The demand curve is generally ______.
What does the graph below indicate?
Assertion (A): If the income of a consumer increases, other things constant, the demand curve for a normal goods shifts to the right.
Reason (R): As income increases, the demand curve for an inferior good shifts to the left.
What does the demand curve given below show?
Give two reasons for the shift of the demand curve towards the left.
In 2002, the prices of gold nearly tripled. yet, as the price of gold rose its sales too increased. Does this mean that the demand curve for gold is upward sloping? Justify your answer.
Draw a demand curve on the basis of the following data.
Price per unit (₹) | 2 | 3 | 4 | 5 | 6 | 7 |
Quantity demanded (Units) | 1000 | 800 | 700 | 600 | 500 | 200 |
Does a demand curve always have a negative slope? Give three reasons to justify your answer.
With the help of a diagram, show how a market demand curve can be obtained from individual demand curves.
Briefly explain any three determinants for the negative slope of the demand curve.