Which of the following shows why individual demand curve ...
Which of the following shows why individual demand curve for a good usually slopes downward from left to right?
More of commodities are offered for sale at a lower than higher prices
Marginal utility falls as consumption increases
The higher the price, the higher the quantity offered for sale
Prices are usually falling when demand is low
Correct answer is A
A normal demand curve slopes downward from left to right indicating at higher price, less quantity will be demanded and vice versa.
A typical corporate form of business organization is owned by ______ ...
Which of the following sector is most capital intensive? ...
The ultimate aim of agricultural policies in Nigeria is to achieve ...
In the event of a limited liability company going into liquidation each ...
A one-man business is controlled by ...
A capital market differs from the money market in that in the former ...