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Rasek [7]
3 years ago
14

How would you expect an increase in the price of a good to affect its demand curve?

Social Studies
2 answers:
kondor19780726 [428]3 years ago
7 0
Lower demand, if there is a higher demand in a product then the cost would increase
sattari [20]3 years ago
7 0

The law of demand implies an inverse relationship between price and demand for a good or service, meaning that if the price rises, then the quantity of demand falls and vice versa. Graphically speaking, this explain the negative slope in the demand curve, so when the price varies. Then the change in the demand curve is just in its slope, reducing it if the price raises showing a reduce in quantity as well.  

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The origin of Indian art can be traced to pre-historic Hominid settlements in the 3rd millennium BC. On its way to modern times, Indian art has had cultural influences (e.g., Indus Valley and Hellenistic), as well as religious influences such as Hinduism, Buddhism, Jainism and Islam. In spite of this complex mixture of religious traditions, generally the prevailing artistic style at any time and place has been shared by the major religious groups.

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