Which of the following contribute to the downward slope of a demand curve? A. In

Question

Which of the following contribute to the downward slope of a demand curve? A. Income and substitution effects. B. The cross elasticities of alternating indifference curves. C. Decreasing marginal utility of consumption. D. A & C Which of the following contribute to the downward slope of a demand curve? Which of the following contribute to the downward slope of a demand curve? Income and substitution effects. The cross elasticities of alternating indifference curves. Decreasing marginal utility of consumption. A & C A. Income and substitution effects. B. The cross elasticities of alternating indifference curves. C. Decreasing marginal utility of consumption. D. A & C

Explanation / Answer

Income and substitution effects. A. Income and substitution effects.

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