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The demand curve slopes downward because of: a. the fact that consumers cannot decide how much they want to pay for goods and services. b.
The demand curve slopes downward because of:
a. the fact that consumers cannot decide how much they want to pay for goods and services. b. diminishing marginal utility and consumer equilibrium. c. the fact that suppliers cannot decide how much to charge for the goods and services they supply. d. the fact that consumers are fickle, which makes pricing a good or service very difficult. e. the fact that consumer tastes and preferences change rapidly.
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