Why demand curve of normal goods …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by . . 5 years, 4 months ago
- 1 answers
Test
Related Questions
Posted by Vivek Saroj 1 year, 4 months ago
- 0 answers
Posted by Shiv Narayan Kumar 1 year, 4 months ago
- 1 answers
Posted by Mahi Bansal 1 year, 4 months ago
- 0 answers
Posted by Charvi Charvi 1 year, 4 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Yogita Ingle 5 years, 4 months ago
The curve depicts the law of demand. It slopes downward to the right. It has a negative slope. The negative slope of the demand curve shows the inverse relationship between the price of commodity and its quantity demanded. It shows that demand for commodity increases with the decrease in its price and it decreases with the rise in its price. Downward movement on the demand curve shows fall in price and rise in demand .
1Thank You