Question

the law of demand is illustrated by a demand curve that is:
a. vertical.
b. downward - sloping.
c. horizontal.
d. upward - sloping.

Explanation:

The law of demand states that, all else equal, as the price of a good increases, the quantity demanded decreases, and vice versa. This inverse relationship between price and quantity demanded is visually represented by a downward-sloping curve.

Answer:

b. downward-sloping.