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Question
The market demand curve of a commodity is _______.
The market demand curve of a commodity is _______.
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Solution
The correct option is A negatively sloped
The market demand curve of a commodity is negatively sloped.Demand curve slope downwards as because
the individual buys more of a commodity at lower price. Hence, because
of the inverse relationship between price and quantity demanded, the
demand curve is negatively sloped.
The market demand curve of a commodity is negatively sloped.Demand curve slope downwards as because the individual buys more of a commodity at lower price. Hence, because of the inverse relationship between price and quantity demanded, the demand curve is negatively sloped.
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