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A downward sloping demand curve means that

A downward sloping demand curve means that
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Total revenue declines as price is lowered
  • B Demand falls as output increases
  • C Demand falls as output falls
  • D Price must be lowered to sell more
Correct Answer: Option D
Explanation:
A downward sloping demand curve means there is an inverse or negative relationship between price and quantity demanded i.e the higher the price, lower the quantity demanded and vice versa

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