The Slope of a Demand Curve Is Almost Always

question 51

Multiple Choice

The slope of a demand curve is almost always

• A)positive, because when people buy more of a good the cost of producing it will rise.
• B)positive, because the more money a person has, the more of a particular good will be bought.
• C)negative, because when people buy more of a good the cost of producing it will fall.
• D)negative, because with everything else equal, the same people will buy more of a good when its price is lower.
• E)positive, because as the price rises, people want to sell more of the good.

---

Definitions:

First Purchase

The initial buying action taken by a consumer with a brand or product, marking the beginning of the customer's engagement with that brand.

Brand Name

The name given to a product or service from a specific source used to distinguish it from others.

Important Attributes

Key features or characteristics of a product or service that are significant to consumers and can influence their purchasing decision.

Trial Stage

A phase in product adoption or marketing where consumers are given the opportunity to try a product or service before making a purchase decision.