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Economics A Level (DONEEEEEEE)
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Pregunta:
Why are Demand Curves sloping Downwards?
Autor: eric_galvaoRespuesta:
-Consumers want to Pay the Lowest Price Available [Maximising Behaviour] and so as the Price Falls, more Consumers are Able to Buy More. Opposite happens when Price Rises -So Therefore when Price is Low, the Quantity Demanded is usually High
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eric_galvao