CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Money Supply and Inflation

Demand curve ...

Question

Demand curve in most cases slopes ____________.

A

downward towards right

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

vertical and parallel to Y-axis

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

upward towards left

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

horizontal and parallel to X-axis

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A downward towards right
Due to negative relationship between demand and price, Demand curve in most cases slopes downward towards right.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Why is the demand curve of a firm under perfect competition parallel to X-axis and negatively sloped under monopoly?

For a normal good with a downward sloping demand curve:

Q. A monopoly firm faces a downward sloping demand curve because _______.

Q. A demand curve, which takes the form of a horizontal line parallel to the quantity axis illustrates elasticity, which is ____________.

Q. Draw a ray diagram to show the path of the reflected ray in each of the following cases. A ray of light incident on a convex mirror
(a)strikes at its pole making an angle from the principle axis
(b)is directed towards its principle focus.
(c) is parallel to its principle axis.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Money supply and inflation

ECONOMICS

Watch in App

explore_more_icon

Explore more

Money Supply and Inflation

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon