The downward sloping of demand curve indicate that its slope is ________.

Negative

The downward sloping of demand curve indicate that its slope is Negative.

The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded. The slope of the demand curve is negative, which means that as the price of a good or service increases, the quantity demanded decreases. This is because consumers are less willing to buy a good or service if it is more expensive. 

A downward-sloping demand curve illustrates the inverse relationship between price and quantity demanded. As the price decreases, the quantity demanded increases, and vice versa. The negative slope signifies the negative correlation between price and quantity demanded.

There are a few reasons why the demand curve slopes downward. One reason is that consumers have a limited amount of money to spend, so they must make choices about how to allocate their resources. If the price of a good or service increases, consumers will have less money to spend on other goods and services. As a result, they may decide to buy less of the good or service that has become more expensive.

Another reason why the demand curve slopes downward is that consumers have diminishing marginal utility. This means that the additional satisfaction that a consumer gets from consuming one more unit of a good or service decreases as they consume more units. As a result, consumers are less willing to pay a higher price for a good or service if they are already consuming a lot of it.