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andrew11 [14]
3 years ago
12

What does a downward-sloping demand curve mean about how buyers in a market will react to a higher price?

Business
1 answer:
Nataly [62]3 years ago
6 0

Answer:

people will buy less of the good.

Explanation:

Law of demand states that there is an inverse or negative relationship between the price of the goods and the quantity demanded for a good by the consumers.

Other factors remains the same, as the price of the goods increases then as a result the quantity demanded for that good decreases and on the other hand, as the price of the goods decreases then as a result the quantity demanded for a good increases.

A market with a higher prices are generally have a lower quantity demanded for the good because the price is not affordable.

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Martin had 24 5 pounds of grapes left. which expression shows the pounds of grapes martin has if he doubles his current amount?
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If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is:  (2) (2) (2) (four-fifths).

<h3>Double amount of grapes</h3>

Given: Current amount of grapes=2 4/5=14/5

Double amount of grapes=2×14/5=28/5

Hence:

2(2)+(2) 4/5

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The expression is: (2) (2) (2) (four-fifths) or 2(2)+(2) 4/5.

Therefore If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is:  (2) (2) (2) (four-fifths).

Learn more about Double amount of grapes here:brainly.com/question/17044886

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