18 Views

Question : In general, the demand curve slopes:
 

Option 1: Parallel to Y-axis

Option 2: Upward from left to right
 

Option 3: Parallel to X-axis

Option 4: Downward from left to right


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Downward from left to right


Solution : Since price and quantity demand have an inverse relationship, the demand curve often slopes downward. According to the demand curve, when prices increase, demand decreases, and when prices decrease, demand increases.
Hence option d is the correct answer.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Narayana Business School MBA/...
Apply
Top 30 Private B-Schools Nationally and Top 3 in Gujarat | Highest CTC- 20 LPA | Average CTC- 8.4 LPA | 40% Pre-Placement Offers | 670+ Recruiters 
JAGSoM PGDM Admissions 2026
Apply
Highest CTC 51.38 LPA | Median CTC 10.32 LPA | Top 25% Average CTC 14.32 LPA
IFMR Graduate School of Busin...
Apply
UGC Approved Programs | Near 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.32 LPA
Amity University-Noida Law Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books