The demand curve of a commodity slopes downward because of: a. ...

[jerry coleman]

The demand curve of a commodity slopes downward because of:
 a. the insatiable nature of human wants.
  b. the presence of double coincidence of wants.
  c. the law of demand.
  d. the scarcity of goods and services in an economy.
  e. the law of diminishing marginal utility.

Question 2

Capital accumulation causes the production possibilities curve to shift inward over time.
 a. True
  b. False
  Indicate whether the statement is true or false

[laurnthompson]

Answer to Question 1

c

Answer to Question 2

False