Questions

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

Saubhagya –‘Pradhan Mantri Sahaj Bijli Har Ghar Yojana’ was launched in September2017 with the aim to provide access to electricity to all remaining households in the country.Eight States which have already achieved more than 99 percent household electrification prior to launch of Saubhagya scheme are ineligible for participation under the award scheme. These eight states are Andhra Pradesh, Gujarat, Goa, Haryana, Himachal Pradesh, Kerala, Punjab and Tamil Nadu.

By putting on your trousers.

Demand is said to be inelastic, when the demand for the good doesn't change much or it is negotiable when the price of the good changed.

Virat Kohli has become the fastest batsman to score 19000 international runs in just 299 matches.