Question

Why does a demand curve slope downward from left to right?

A) because revenues decrease as price increases
B) because revenues increase as price decreases
C) because price increases as demand increases
D) because demand decreases as price increases

Answer 1

D) because demand decreases as price increases

Step-by-step explanation:

In this question, we apply the law of demand which means if the price of the goods is increased than the quantity demanded would decrease and if the price of goods is decreased and the quantity demanded would decrease the slope of demand curve would be downward from left to right being the other things remain constant.

It means that it shows an inverse relationship between the price and the quantity demanded