2019 · Q87
The value of the slope of a normal demand curve is
General KnowledgeIndian Economy
- Apositive
- Bnegative
- Czero
- Dinfinity
Explanation
A normal demand curve slopes downward from left to right because price and quantity demanded are inversely related (law of demand) — as price falls, quantity demanded rises. Its slope is therefore negative. A positive, zero or infinite slope would describe supply curves or special cases, not normal demand. Hence negative.