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

8587 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What happens to the Production Possibility Frontier (PPF) when productivity only increases in one good?


What factors cause the aggregate demand curve to shift?


Describe the market structure for the supermarket industry in the UK. Give reasons for your answer.


I'm unsure how to structure my essay, which way is the best?


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