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.