The demand curve's usual slope implies that consumers:
A) buy more as the price of a good is increased.
B) buy more as a good is advertised more.
C) buy more at higher average incomes.
D) buy less as the price of a good is increased.
E) have tastes that sometimes change.

Question

Quizplus · Accepted Answer

The usual slope of the demand curve is negative, which implies that as the price of a good increases, the quantity demanded decreases. This is because consumers are less willing or able to pay more for the same quantity of the good.

The Demand Curve's Usual Slope Implies That Consumers