EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Demand & Its Determinants · Question 9 of 66

Question 9

MediumOriginal question

Assertion (A): A demand curve slopes downward from left to right.

Reason (R): Price and quantity demanded are inversely related, other things being equal.

Options for question 9

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Both are true.

  2. 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 time
70 s
Your time
—
The rule this testsThe demand schedule, curve and law
Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.

Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.