writerroze

A downward sloping demand curve means _________.
you have to lower your price to sell more
demand falls as output rises
demand rises as output rises
total revenue declines as price is lowered

Why is the demand curve downward sloping?

Select one:

a. Because at a higher price buyers will demand a higher quantity because they will derive a higher value from using the good.

b. Because demand declines when price rises.

c. Because demand rises when price declines.

d. Because at a lower price buyers will demand a higher quantity because of the diminishing marginal utility.

A downward sloping demand curve means _________.
you have to lower your price to sell more
demand falls as output rises
demand rises as output rises
total revenue declines as price is lowered

A downward sloping demand curve means _________.
you have to lower your price to sell more
demand falls as output rises
demand rises as output rises
total revenue declines as price is lowered

A demand curve that illustrates the law of demand​ ______.

(i) shows that the quantity demanded increases as the price falls 

(i) shows that the quantity demanded decreases as the price falls

(i) slopes downward to a minimum, and then slopes upward

(i) is upward sloping

The total revenue curve that corresponds to a downward -sloping linear demand curve

1. Slops down

2. Slopes upward

3. is a horizontal line

4. first rises, then falls

Carefully expain why a typical demand curve slops downwards

 Solve ?

What is 1+1?