Why does the demand curve slope downwards?

There is an inverse relationship between price and quantity demanded. When the price is low, high quantities are demanded and vice versa when the price is high; for all goods which are not giffen goods. However this is opposite to the supply curve, as price and quantity supplied increased proportionately. 

NC
Answered by Nicholas C. Economics tutor

8502 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What is Pareto efficiency?


Assess the effect inflation will have on three macro-economic objectives (18)


Evaluate the view that a reduction in UK unemployment is best achieved through the use of supply-side policies.


Discuss the impact of an increase in income tax on labour markets.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning