Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

Pena

  • 7 months ago

What is the relationship between a demand curve and the marginal utility curve

  • This Question is Open
  1. figgycal
    • 7 months ago
    Best Response
    You've already chosen the best response.
    Medals 0

    One explanation as to why the demand schedule has a downward slope is that the price must decrease for people to buy more products – since the marginal utility of each additional product is decreasing.

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.