If the price of apples is on the vertical axis and the quantity of apples demanded is on the horizontal axis, the slope between two points on the line describing the relationship between price and quantity is
A) the change in price divided by the change in quantity.
B) the change in quantity divided by the change in price.
C) price divided by quantity.
D) the change in price multiplied by the change in quantity.
Correct Answer:
Verified
Q185: The slope of a straight line is
A)increasing.
B)decreasing.
C)constant.
D)variable.
Q186: Q187: Positive and normative statements differ in that Q188: When a farmer decides to raise pigs Q189: The problem of "scarcity" applies Q190: Your employer has asked you to start Q191: The term "opportunity cost" points out that Q194: Australian producers decide to produce more compact Q195: Which of the following is NOT a Q310: 
A)normative
A)only in economic
A)there
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents