Demand CBSE Notes for Class 12 Micro Economics
Contents Factors Affecting the Price Elasticity of Demand Why does Demand Curve Slopes Downward? Factors Affecting the Price Elasticity of Demand (PED) Availability of Substitutes What is Equilibrium Price? This is the precise relationship between demand and price. Generally, the demand curve slopes downward (i.e.its slope is negative) because the number of unit demands increases […]
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