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Question

Demand curve slopes upwards from left to right.
  1. True
  2. False

A
True
B
False
Solution
Verified by Toppr

False. Demand curve slopes downward from left to right because of the law of diminishing marginal utility. According to this law, the utility/satisfaction of the consumer goes on decreasing with every additional consumption of the commodity and hence, the consumer will buy more goods only when the price decreases. Other reasons are income effect, substitution effect, different uses of commodity etc.

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Demand curve slopes upwards from left to right.
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