A Demand Curve Is Downward-Sloping Because as the Price of a Good

question 98

True/False

A demand curve is downward-sloping because as the price of a good falls, demanders will substitute some other good for that good whose price has fallen.

---

Definitions:

Emotional Intelligence

The competence to be conscious of, govern, and express one’s feelings, coupled with the capacity to handle relations with others judiciously and with understanding.

Project Emotion

May refer to the outward expression or display of feelings that an individual projects onto a specific task or area of life, such as enthusiasm or frustration towards a work project.

Relationship Management

The interpersonal skills of being able to communicate clearly and convincingly, disarm conflicts, and build strong personal bonds.

Disarms Conflicts

A strategy or action that reduces tension and resolves disagreements or disputes.