Question

The downward slope of the demand curve again illustrates the pattern that as _____________ rises, _________________ decreases.

a. quantity demanded, price
b. quantity supplied, quantity demanded
c. price, quantity demanded
d. price, quantity supplied

Answer 1

The demand curve shows a downward slope when graphed on the axes of quantity (X) and price (Y). This indicates that as price for a good drops, the quantity demanded rises. Conversely, the opposite is true - as price rises, quantity demanded decreases. As such, the answer to this question is C.

Answer 2

The correct option from the given choices is; "c. price, quantity demanded".

The demand curve refers to graphical representation, which is used to show the relationship amongst cost (price of good) and quantity.Normally, the cost will show up on the left vertical axis, and on horizontal axis the demand of quantity is represented. The relationship between them is inverse relation or we can say that both price and quantity are inversely related to each other.