The TP curve is a positively sloped curve.
True
False
True. The TP curve is a positively sloped curve.
Comment on the shape of the MR curve in case the TR curve is a
(i) positively sloped straight line, passing through the origin
(ii) horizontal straight line.
(a) Why is demand curve of foreign exchange negatively sloped?
(b) Why is supply curve of foreign exchange positively sloped?