What is the correct answer?


The slope of marshallian demand curve is:

A. Upward

B. Vertical

C. Downward

D. Horizontal

Correct Answer :

C. Downward

Related Questions

A demand curve is not related to: In the long-run: The cost that a firm incurs in purchasing or hiring any factor of production… Decrease in demand results in: The competitive equilibrium leads to: Cartel is associated with: The supply curve for the short-run competitive firm is the same as: A country is advised to devalue (reduce external value of) its currency… The short-run periods in monopolistic competition are: In the immediate run: A significant property of the Cobb-Douglas production function is that… An optimum level of a firms output is: In long run competitive equilibrium: Indifference curves are downward sloping and are drawn bowed toward the… Efficient allocation of resources is likely to be achieved under: In monopolistic competition, if a firm lowers its price, the rival firms… In monopoly, new firms: An inferior good/ commodity is inferior for: According to Marshallian approach, utility: The standard form of demand function is: In short run, a firm would remain in business as long as which one of… If a commodity sold under monopoly is got free of cost, then MC will be: In the real world, some competitive firms owns specialized resources that… Rotten eggs are: The average product is given as: The feasible part of the demand curve for the monopolist who is charging… To calculate the elasticity of demand, which of the following formula… In monopolistic competition, because of difference in choices, the firm… Price mechanism has also given the name: Nash Equilibrium is stable: