Question 9
MediumOriginal questionAssertion (A): A demand curve slopes downward from left to right.
Reason (R): Price and quantity demanded are inversely related, other things being equal.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Both are true.
The inverse relation (the law of demand) is exactly what a downward slope draws, so R explains A.
- Concept
- Slope of the demand curve
- Typical timeTypical
- 70 s
- Your timeYours
- —
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