0
When a graph of two variables form a curve that slopes downward from left to right the variables are said to what with one another?
Wiki User
∙ 9y ago
11% of you dude
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
When the y values decrease and the x values increase how is that shown on a graph?
This has a negative slope (it slopes 'down' as you move from left to right).
What is an abac?
An abacate is another word for an avocado, directly borrowed from the Portuguese word for the fruit.
IS the tax multiplier always positive?
tax multiplier is always negative not positive, because of downward sloped aggregte demand curve
What is another name for a french curve?
une courbe
What is another word for 'legs that curve out'?
Bow legged
Why does a production possibility curve have a downward sloping curve?
PPC curve slopes downward for the efficient resouress of another commidty
Why Demand Curve slopes downward from left to right?
why demand curve slopes downward from left to the right
Why demand curve slopes downward?
Demand curve is slope downward because of inverse relationship between price and quantity.
As you move from left to right the aggregate demand curve?
slopes downward
Slope of indifference curve?
indifference curves slopes downward to the right
Characteristics of production possibility curve?
It slopes downward towards right:this shows that we will have to reduce the production of one commodity to increase the production of the another commodity.
Why engel curve slopes negatively downward in case of giffen goods?
The Engel curve shows how household expenditure on goods changes with rising income. Giffen goods are inferior goods. As household income rises, instead of consuming more of the Giffen goods, expenditure is switched to better quality goods. Consequently, the demand for a Giffen good falls as income rises and this results in a downward sloping curve. Incidentally, a curve that slopes "negatively downward" is actually a curve that slopes positively upwards!
Why does a demand curve slope downward left to right?
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
Why does a demand curve slope downward from left to to right?
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
What happens when quantity demanded exceeds quantity supplied?
Graphically, the Y axis is price and the X axis is quantity. The demand curve slopes downward, while the supply curve slopes upward. When quantity demanded exceeds quantity supplied the market is out of equilibrium. As a result, the price of goods increases, thereby decreasing the quantity demanded. This is characterized as a move up along the demand curve and not a shift. Changes in endogenous variables, ie price and quantity, are just movements along the curve.
What happens when quantity supply exceeds quantity demand?
Graphically, the Y axis is price and the X axis is quantity. The demand curve slopes downward, while the supply curve slopes upward. When quantity demanded exceeds quantity supplied the market is out of equilibrium. As a result, the price of goods increases, thereby decreasing the quantity demanded. This is characterized as a move up along the demand curve and not a shift. Changes in endogenous variables, ie price and quantity, are just movements along the curve.
What happen when quantity supplied exceeds quantity demanded?
Graphically, the Y axis is price and the X axis is quantity. The demand curve slopes downward, while the supply curve slopes upward. When quantity demanded exceeds quantity supplied the market is out of equilibrium. As a result, the price of goods increases, thereby decreasing the quantity demanded. This is characterized as a move up along the demand curve and not a shift. Changes in endogenous variables, ie price and quantity, are just movements along the curve.
