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Demand & Its Determinants · Question 3 of 66

Question 3

EasyOriginal question

A demand curve is drawn with price on the vertical axis. It usually

Options for question 3

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Lower prices go with larger quantities demanded, so the curve falls to the right.

Concept
Shape of the demand curve
Typical time
40 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.