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05-02-2020
Business

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A demand curve: a. illustrates the positive relationship between price and quantity demanded. b. illustrates the negative relationship between price and quantity demanded. c. is based on the assumption of a stable supply curve. d. has a positive slope.

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ewomazinoade ewomazinoade

06-02-2020

Answer:

b. illustrates the negative relationship between price and quantity demanded.

Explanation:

The demand curve is negatively sloped. The higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This illustrates a negative relationship between price and quantity demanded.

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