Answered

IDNLearn.com is the place where your questions are met with thoughtful and precise answers. Whether your question is simple or complex, our community is here to provide detailed and trustworthy answers quickly and effectively.

6. The demand curve
Price (s)
Quantity
Is downward sloping because it shows the inverse relationship between price and
quantity demanded
Is downward sloping because it shows the direct relationship between price and
quantity demanded
Is upward sloping because it shows the direct relationship between price and quantity
demanded
Is upward sloping because it shows the inverse relationship between price and
quantity demanded

6 The Demand Curve Price S Quantity Is Downward Sloping Because It Shows The Inverse Relationship Between Price And Quantity Demanded Is Downward Sloping Becaus class=

Sagot :

Michell96idn

The correct answer is A. Is downward sloping because it shows the inverse relationship between price and quantity demanded

Explanation

The image shows a graph in which the price ($) and the quantity are related, the relation of these two shows that a higher price leads to a lower quantity and a lower price leads to a higher quantity, so it is an inverse relationship, that is, when one of the two factors increases, the other decreases. This is reflected in a downward slop trend, that means the line goes down or it decends in the graph. According to the above, the correct answer is A. Is downward sloping because it shows the inverse relationship between price and quantity demanded

Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.