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A demand curve slopes downwards because of ?

A demand curve slopes downwards because of ?
  • A.
    an increase inthe money income of the consumer
  • B.
    a decrease inthe money income of the consumer
  • C.
    the substitution effect and the rise in real income of the consumer
  • D.
    the rise in demand for the complementary goods
  • E.
    the increase in the demand for factors and production
Correct Answer: Option C
Explanation