Economics - DQ # 1

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ekuvznafuh

Economics

Description

Explain the law of demand. Why does a demand curve slope downward? How is a market demand curve derived from individual demand curves?

Note: Answer should be minimum of 300 words excluding references. Responses are original in content and with minimum of one external reference. Reference are used properly and cited properly.

Requirements for the Discussion Question:

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Requirements

Quality Guidelines (50%):

  • All discussion questions are answered completely.
  • Responses are original in content with a minimum of one external reference.
  • All posts demonstrated analysis of the topic.

Participation Guidelines (30%):

  • Main response is no less than 300 words.

Clarity, Organization & Professionalism Guidelines (20%):

  • Responses were organized and logical.
  • No spelling or grammatical errors.
  • References were used and cited properly.

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Explanation & Answer

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