What type of slope is a demand curve?
Downward/inverse slope
A demand curve is a downward-sloping curve. This means that it has a negative slope, as the quantity demanded decreases as the price of the good or service increases. In other words, as the price of a good or service increases, consumers are less willing to buy it, and the quantity demanded decreases. This negative slope is an important characteristic of the demand curve, as it helps to explain how changes in price affect the demand for a particular good or service.
More Answers:
Exploring the Dynamics of Markets: Understanding Supply and Demand, Competition, and Consumer BehaviorUnderstanding the Law of Supply: How Increasing Prices Affect Quantity Supplied
Understanding Supply in Social Science: The Relationship between Price and Quantity Supplied
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