MyQuestionIcon

1

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

Relationship between the TR, MR and Demand Curves

What is the s...

Question

What is the slope of demand curve like?

Open in App

Solution

Demand curve slopes downward from left to right, indicating inverse relationship between price and quantity demanded of a commodity.

Suggest Corrections

thumbs-up

0

Similar questions

What is the slope of the demand curve for Giffen goods?

Q. The slope of demand curve is ____ in case of inelastic demand.

Q.
Price elasticity of demand is identical with slope of demand curve.

Q.
When the slope of demand curve =

\infty

, price elasticity of demand =0.

Q.
When slope of demand curve

= 0

, price elasticity of demand =

\infty

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Monopolist's Problem

ECONOMICS

Watch in App

explore_more_icon

Explore more

Relationship between the TR, MR and Demand Curves

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon