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Why does demand curve slope downward?

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Why does demand curve slope downward?

Posted by Kiara Thakur 3 years ago

CBSE > Class 11 > Economics

1 answers

Nihal Kumar 3 years ago

Demand of commodities depends on the prices and as we know demand and prices are inverse of each other so whenever prices increase, demand curve shifts downwards and whenever prices decrease demand curve shifts to upwards .

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