{"id":86005,"date":"2025-06-01T03:34:21","date_gmt":"2025-06-01T03:34:21","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=86005"},"modified":"2025-06-01T03:34:21","modified_gmt":"2025-06-01T03:34:21","slug":"the-value-of-the-slope-of-a-normal-demand-curve-is","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-value-of-the-slope-of-a-normal-demand-curve-is\/","title":{"rendered":"The value of the slope of a normal demand curve is"},"content":{"rendered":"

The value of the slope of a normal demand curve is<\/p>\n

[amp_mcq option1=”positive” option2=”negative” option3=”zero” option4=”infinity” correct=”option2″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CDS-2 – 2019<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe value of the slope of a normal demand curve is negative. This reflects the inverse relationship between price and quantity demanded, known as the law of demand. As the price of a good increases, the quantity demanded by consumers typically decreases, and vice versa, assuming all other factors remain constant (ceteris paribus). When plotted with price on the vertical axis and quantity on the horizontal axis, this relationship results in a curve that slopes downwards from left to right.
\n<\/section>\n
\nThe negative slope of the demand curve illustrates the law of demand, showing that price and quantity demanded move in opposite directions.
\n<\/section>\n
\nExceptions to the law of demand, such as Giffen goods or Veblen goods, exist but are rare. For a typical good, the demand curve has a negative slope. The steepness of the slope indicates the responsiveness of quantity demanded to price changes (elasticity).
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The value of the slope of a normal demand curve is [amp_mcq option1=”positive” option2=”negative” option3=”zero” option4=”infinity” correct=”option2″] This question was previously asked in UPSC CDS-2 – 2019 Download PDFAttempt Online The value of the slope of a normal demand curve is negative. This reflects the inverse relationship between price and quantity demanded, known as the … <\/p>\n

Detailed SolutionThe value of the slope of a normal demand curve is<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[1119,1120,1261],"class_list":["post-86005","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-2","tag-1119","tag-economic-development","tag-nature-of-indian-economy","no-featured-image-padding"],"yoast_head":"\nThe value of the slope of a normal demand curve is<\/title>\n<meta name=\"description\" content=\"The value of the slope of a normal demand curve is negative. This reflects the inverse relationship between price and quantity demanded, known as the law of demand. As the price of a good increases, the quantity demanded by consumers typically decreases, and vice versa, assuming all other factors remain constant (ceteris paribus). When plotted with price on the vertical axis and quantity on the horizontal axis, this relationship results in a curve that slopes downwards from left to right. The negative slope of the demand curve illustrates the law of demand, showing that price and quantity demanded move in opposite directions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-value-of-the-slope-of-a-normal-demand-curve-is\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The value of the slope of a normal demand curve is\" \/>\n<meta property=\"og:description\" content=\"The value of the slope of a normal demand curve is negative. This reflects the inverse relationship between price and quantity demanded, known as the law of demand. As the price of a good increases, the quantity demanded by consumers typically decreases, and vice versa, assuming all other factors remain constant (ceteris paribus). When plotted with price on the vertical axis and quantity on the horizontal axis, this relationship results in a curve that slopes downwards from left to right. 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The negative slope of the demand curve illustrates the law of demand, showing that price and quantity demanded move in opposite directions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-value-of-the-slope-of-a-normal-demand-curve-is\/","og_locale":"en_US","og_type":"article","og_title":"The value of the slope of a normal demand curve is","og_description":"The value of the slope of a normal demand curve is negative. This reflects the inverse relationship between price and quantity demanded, known as the law of demand. As the price of a good increases, the quantity demanded by consumers typically decreases, and vice versa, assuming all other factors remain constant (ceteris paribus). 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