The price elasticity of demand is a more precise measure of the slope of a demand curve.

Name: The price elasticity of demand is a more precise measure of the slope of a demand curve.
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Quizplus · Accepted Answer

The price elasticity of demand is a measure of how responsive quantity demanded is to changes in price, while the slope of a demand curve only shows the relationship between price and quantity demanded at one specific point. The two measures are related, but they are not interchangeable.

The Price Elasticity of Demand Is a More Precise Measure