Negative slope of market-Law of demand

I have a problem in economics on Negative slope of market-Law of demand. Please help me in the following question. The negative slope of the market demand curves for normal goods areleast persuaded by: (i) Diminishing marginal utility. (ii) Income effects. (iii) Substitution effects. (iv) The upward slope of the market supply curves.

Choose the accurate answer.

View Complete Question

Related Questions in Microeconomics

Q : Annuity of the Perpetuity Dividing the

Dividing the annuity of the perpetuity by the interest rate gives in the perpetuity’s: (w) rate of return. (x) present value. (y) internal rate of discount. (z) capitalization rate. Can someo

Q : Interest rate of annual income When

When perpetuity pays annual income of $50, in that case at an interest rate of 4 percent its price is: (w) $1000. (x) $1250. (y) $1400. (z) $1800. Hello guys I want your advice. Pl

Q : Family Allowance Plans for Payments

Family Allowance Plans [FAPs] as like those common in many European nations give: (w) incentives for couples to live together without marriage due to the punitive tax rates. (x) payments that are roughly enough to feed and clothe each child in a famil

Q : Charge a price by monopolists Most

Most monopolists whom do not price discriminate and that operate effectively in the long run are capable to charge a price: (w) greater than minimum average total costs [ATC]. (x) less than MR. (y) less than marginal costs [MC]. (z) less than which of

Q : Monopoly market structure When one firm

When one firm controls all production and the price of a good without shut substitutes, there is: (i) monopoly market structure. (ii) violation of the law of demand and supply. (iii) lack of equity although assurance of efficiency. (iv) legal barrier to entry. (v) cer

Q : Average Product and Marginal Product

State the relationship among Average Product and Marginal Product? A) If MP > AP, then AP is rising B) If MP = AP, then AP is maximum C) If MP < AP, then AP is falling

Q : Earn incentive to work When welfare

When welfare recipients are needed to pay back $1 of benefits for each $1 of wages they earn, it will: (w) enhance the incentive to work. (x) weaken the incentive to work. (y) have no effect on the incentive to work. (z) reduce welfare benefits to the

Q : Increasing demand for Complementary

Can someone please help me in finding out the accurate answer from the following question. When tortilla chips go on sale for fifty percent off, then the demand for salsa is most probable to: (1) Stay similar. (2) Reduce. (3) Raise. (d) Raise only when salsa as well g

Q : Derived Demand problem The change in

The change in price of a resource will cause a modification in the: (i) Demand for the resource. (ii) Supply of resource. (iii) Quantity demanded of resource. (iv) Demand for good in resource production. Find out the right answer f

Q : Perfectly inelastic supply of labor

Glynn’s supply of labor is perfectly inelastic at: (1) point a. (2) point b. (3) point c. (4) point d. (5) point e. 2</span></p>
</div>

</li>

</td>
</tr>
</table>

</ul>

</div>
</div>
<div class=

Discover Q & A

Leading Solution Library

Avail More Than 1459544 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1945060
Asked

3,689

Active Tutors

1459544

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment