The negative slope of the demand curve reflects the:

Question

Quizplus · Accepted Answer

The negative slope of the demand curve indicates an inverse relationship between price and quantity demanded. As price increases, quantity demanded decreases, which is reflected in the downward slope of the demand curve. Option A is incorrect because it suggests a positive relationship between price and quantity, which is the opposite of what the demand curve shows. Option B is incorrect because although there is a proportional relationship between price and quantity demanded (as one goes up, the other goes down by a specific proportion), the demand curve is not simply a straight line. Option D and E are also incorrect because they refer to relationships between income and quantity/price, which are not directly related to the demand curve.

The Negative Slope of the Demand Curve Reflects The