In which direction does the demand curve slope?

The demand curve slopes downward. This downward slope reflects the fundamental principle of demand, which states that as the price of a good or service decreases, the quantity demanded by consumers generally increases. Conversely, as the price increases, the quantity demanded tends to decrease. This relationship illustrates the law of demand, which is a core concept in economics, indicating that there is an inverse relationship between price and quantity demanded.

In practical terms, if you were to visualize the demand curve on a graph, you would see it starting higher on the left side (indicating high prices and lower quantities demanded) and descending to the right (where prices are lower and quantities demanded are higher). This characteristic of the demand curve helps to explain consumer behavior and market dynamics.