Does economic theory require that a demand curve always be downward sloping? If not, under what circumstances

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Does economic theory require that a demand curve always be downward sloping? If not, under what circumstances might the demand curve have an upward slope over some region of prices?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 04:50 AM

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Does economic theory require that a demand curve always be downward sloping? If not, under what circumstances

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Generally speaking demand curves are downward sloping ...View the full answer

Microeconomics

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