Benito is the manager of a souvenir shop in Panama City,Florida.He has decided to graph the demand per week for fresh orange juice because its price varies as the supply of fresh oranges varies.The graph indicates a demand schedule that slopes downward and to the right.This graph indicates that the quantity of juice demanded increases as which of the following occurs?

Question

Quizplus · Accepted Answer

A downward-sloping demand curve indicates that as the price decreases, the quantity demanded increases, which is a fundamental principle of demand in economics.

Benito Is the Manager of a Souvenir Shop in Panama