Solved UPSC CDS/OTA Question
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Q · Demand and SupplyMedium · 45s
The demand curve slopes downward mainly because of:
TopicDemand and Supply
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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As consumption increases, marginal utility falls.
Consumers substitute cheaper goods for costlier ones.
A fall in price increases real income, so demand rises.
Final Answer: Option D - All of the above