Multiple Choice
A demand curve usually has a
A) negative slope because price and quantity demanded are inversely related
B) negative slope because as price rises, demand falls
C) positive slope because price and quantity demanded are positively related
D) positive slope because price and quantity demanded are inversely related
E) slope of zero because there is no change along a demand curve when everything else is held constant
Correct Answer:
Verified
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Q22: Exhibit 4-1 Q23: Exhibit 4-1 ![]()
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