Commerce Exam  >  Commerce Questions  >  Can anyone tell me about why demand curve slo... Start Learning for Free
Can anyone tell me about why demand curve slopes downwards?
Most Upvoted Answer
Can anyone tell me about why demand curve slopes downwards?
Downward slope of demand curve indicates the negative relationship between quantity demanded of the good and the price. The following are some of the factors responsible for the downward slope of demand curve.1. Law of diminishing marginal utility2. Income effect3. Substitution effect4. Large size of consumer group5. Different usesExplain these pts...
Community Answer
Can anyone tell me about why demand curve slopes downwards?
Because there is inversely relationship between price of commodity and quantity of commodity
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Can anyone tell me about why demand curve slopes downwards?
Question Description
Can anyone tell me about why demand curve slopes downwards? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Can anyone tell me about why demand curve slopes downwards? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can anyone tell me about why demand curve slopes downwards?.
Solutions for Can anyone tell me about why demand curve slopes downwards? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Can anyone tell me about why demand curve slopes downwards? defined & explained in the simplest way possible. Besides giving the explanation of Can anyone tell me about why demand curve slopes downwards?, a detailed solution for Can anyone tell me about why demand curve slopes downwards? has been provided alongside types of Can anyone tell me about why demand curve slopes downwards? theory, EduRev gives you an ample number of questions to practice Can anyone tell me about why demand curve slopes downwards? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev