Demand curves typically slope downward.This implies that a(n)________.
A) decrease in price will increase the quantity demanded
B) decrease in price will decrease the quantity demanded
C) increase in price will increase the quantity demanded
D) decrease in price will have no effect on quantity demanded
E) increase in price will have no effect on quantity demanded

Question

Quizplus · Accepted Answer

A)Demand curves typically slope downward, implying that as price drops, more people are willing to buy.
B)Demand curves typically slope downward, implying that as price drops, more people are willing to buy.
C)Demand curves typically slope downward, implying that as price drops, more people are willing to buy.
D)Demand curves typically slope downward, implying that as price drops, more people are willing to buy.
E)Demand curves typically slope downward, implying that as price drops, more people are willing to buy.

Demand Curves Typically Slope Downward.This Implies That A(n)________