Downward slope of the demand curve shows: [1]
A. Positive relation between price and quantity demanded of a commodity
B. Negative relation between price and quantity demanded of a commodity
C. No relation between Price and quantity demanded of a commodity
D. None of these
Answer:B
Downward slope of the demand curve shows: [1]
A. Positive relation between price and quantity demanded of a commodity B. Negative relation between price and quantity demanded of a commodity C. No relation between Price and quantity demanded of a commodity D. None of these