Why does the demand line slope downwards?

It slopes downwards because a lower price means more buyers will be willing and able to purchase the good (as it becomes more affordable to more people), so the quantity demanded increases. This is an inverse relationship - lower prices means higher demand so the line slopes downwards.

MA
Answered by Mirza A. Economics tutor

2264 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What are the components of Aggregate Demand?


With reference to the extract, how price elastic would supply of nuclear energy be?


Explain how petrol and diesel cars may be a source of market failure?


In February 2013, the proposed takeover by Barr of Britvic was referred to the Competition Commission for investigation. There were likely to have been concerns that the takeover would lead to...


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