The law of demand implies that the demand curve

The correct answer is slopes down.

• The demand curve is the relationship between the price and quantity of a good or service.
• There is an inverse relationship between price and demand and due to this the demand curve always has a downward slope.
• According to the law of demand
  • ​​​​when the price of a commodity increase, then the demand decreases
  • when the price of a commodity decreases, then the demand increases
  • keeping other factors remaining the same.​
• ​​Assumptions for the Law of Demand
  • ​​No change in the income of consumers 
  • No change is the taste and preference of the consumers 
  • No change in price related to other goods.