Demand curves slope ________ because as the price increases and other things remain the same,the quantity demanded ________.
A) downward; decreases
B) downward; increases
C) upward; decreases
D) upward; increases
E) downward; does not change

Question

Quizplus · Accepted Answer

According to the law of demand, the quantity demanded of a product decreases as its price increases, assuming all other factors remain constant. Therefore, the demand curve slopes downward from left to right.

Demand Curves Slope ________ Because as the Price Increases and Other