MYTUTOR SUBJECT ANSWERS

402 views

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. 

Nicholas C. A Level Economics tutor, A Level Biology tutor, A Level H...

2 years ago

Answered by Nicholas, an A Level Economics tutor with MyTutor


Still stuck? Get one-to-one help from a personally interviewed subject specialist

47 SUBJECT SPECIALISTS

£20 /hr

Jack G.

Degree: Politics, Philosophy, and Economics (Bachelors) - Warwick University

Subjects offered: Economics, Religious Studies+ 2 more

Economics
Religious Studies
Maths
.TSA. Oxford.

“Hello, I'm Jack and am studying politics, philosophy, and economics at Warwick.  Having recently been through the subjects I'm looking to tutor I feel like I know first hand what difficulties you'll be facing. I always found I wanted ...”

MyTutor guarantee

£20 /hr

Munroop P.

Degree: Economics (Bachelors) - Warwick University

Subjects offered: Economics, Spanish+ 1 more

Economics
Spanish
Maths

“I am an Economics student at Warwick University. I am passionate about Economics but I also love Maths and Spanish, and so I am thrilled to be able to take Maths and Spanish modules within my Economics degree course.  I have experienc...”

£20 /hr

Camilla R.

Degree: Economics (Bachelors) - Edinburgh University

Subjects offered: Economics, Spanish+ 1 more

Economics
Spanish
Maths

“Hi! I am an Economics student at the University of Edinburgh. I also continue to study maths and Spanish as part of my degree. At school I was a Spanish and Economics peer mentor and an unofficial maths tutor for my friends so I hope ...”

MyTutor guarantee

About the author

£20 /hr

Nicholas C.

Degree: History (Bachelors) - Exeter University

Subjects offered: Economics, Physics+ 4 more

Economics
Physics
Maths
History
Extended Project Qualification
Biology

“Top tutor from the renowned Russell university group, ready to help you improve your grades.”

MyTutor guarantee

You may also like...

Posts by Nicholas

Factorize 9x+3xy-9zyx

How to write a well structured conclusion to a source question

If v = 10, a = 2 and t = 4, what is u

What was the most important factor in causing the US civil war?

Other A Level Economics questions

What is inflation?

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

Why are monopolies dynamically efficient?

Explain what you understand by the Lorenz Curve and Gini Coefficient.

View A Level Economics tutors

Cookies:

We use cookies to improve our service. By continuing to use this website, we'll assume that you're OK with this. Dismiss

mtw:mercury1:status:ok