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The sloping downward of the demand curve implies that?
Question 1
Report
The sloping downward of the demand curve implies that?
an increase in price leads to an increase in quantity demanded
an increase in price leaves the quantity demanded unchanged
a decrease in price leads to a decreased in quantity demanded
a decrease in price leads to an increase in quantity demanded
supplies respond by offering less commodities for sale
Answer Details
Read lesson note on The Theory Of Demand (JAMB)
Read lesson note on Demand (WAEC)
The Theory Of Demand
Demand
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