A Nigerian household demand curve for semovita is downward sloping because?

A. the demand for semovita is high
B. the local markets are flooded with semovita
C. semovita is produced in Nigeria
D. every household can afford to buy semovita
E. the higher the price of semovita, the lower the quantity demanded

Correct Answer:

Option E – the higher the price of semovita, the lower the quantity demanded