Advertisements
Advertisements
प्रश्न
The demand curve is generally ______.
पर्याय
Downward sloping
Upward sloping
Horizontal parallel to the X-axis
Vertical parallel to the Y-axis
उत्तर
The demand curve is generally downward sloping.
Explanation:
The demand curve is generally downward-sloping. This reflects the law of demand, which states that, all else being equal, as the price of a good decreases, the quantity demanded increases, and vice versa. This negative relationship between price and quantity demanded results in a downward-sloping demand curve.
APPEARS IN
संबंधित प्रश्न
The bus fare between two cities is reduced. How will this affect the demand curve for bus travel between the two cities?
A fall in income of the consumer (in the case of normal goods) will cause a/an ______.
In the following diagram, the demand curve is upward sloping. Under what kind of goods is it possible?
The market demand curve is a ______ summation of all individual demand curves.
Using hypothetical data show a market demand schedule.
State the impact of the following changes on the demand curve of a commodity:
Increase in the supply of a substitute commodity
State the impact of the following changes on the demand curve of a commodity:
Increase in the price of a complementary commodity
How is the market demand curve derived from the individual demand curves?
Explain the diagram given below.
What is a demand schedule?