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The demand curve for lawn fertilizer has a _______________ slope because of ________________________. A) negative; the law of supply. B) positive; incentives to earn profit by suppliers. C) negative; the law of demand. D) positive; expectations concerning future prices. E) constant; the impact of changing consumer tastes.

Respuesta :

Answer: (C) negative; the law of demand

Explanation: The law of demand states that at a higher price consumers will demand a lower quantity of a good. i.e. The demand is derived from the law of diminishing marginal utility, which states that the marginal utility of a good or service declines as its available supply increases.

Hence the demand curve is downward sloping.

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