The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2

-The demand curve for the shares of a company's stock slopes upward, since the higher the price of the stock, everything else remaining the same, the higher the quantity of stock demanded.

Question

The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2
 
-The demand curve for the shares of a company's stock slopes upward, since the higher the price of the stock, everything else remaining the same, the higher the quantity of stock demanded.

Quizplus · Accepted Answer

The description of the demand curve is incorrect. The demand curve slopes downward, indicating that as the price of the stock increases, the quantity demanded decreases, everything else remaining the same.

The Figure Given Below Shows the Demand [D and D']