Q.15 The shape of the demand curve is downward sloping because of: (a) As price falls demand also falls (b) As price-rises demand also rises (c) As price rises demand falls (d) None of the above
Q.15 The shape of the demand curve is downward sloping because of: (a) As price falls demand also falls (b) As price-rises demand also rises (c) As price rises demand falls (d) None of the above
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 3QR
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