Economics · Theory of Demand
Which fundamental law primary explains why a standard demand curve slopes downward from left to right?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Law of supply and equilibrium price
- 2Law of increasing returns to scale
- 3Law of variable proportions
- 4Law of diminishing marginal utility✓
Correct answer
Law of diminishing marginal utility
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Theory of Demand MCQs →Want more practice questions on Theory of Demand?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Theory of Demand