Answer the question on the basis of the following demand schedule: $\begin{array}{l}
\begin{array}{ccc}
&\text { Quantity }\
\underline{\text { Price} } & \underline{\text { Demanded}} \
\$6 & 1 \
5 & 2 \
4 & 3 \
3 & 4 \
2 & 5 \
1 & 6
\end{array}
\end{array}$ Refer to the data.If this demand schedule were graphed,we would find that:
A) its slope diminishes as we move southeast down the curve.
B) its slope diminishes as we move northwest up the curve.
C) its slope is constant throughout.
D) the data are inconsistent with the law of demand.

Question

Answer the question on the basis of the following demand schedule: $\begin{array}{l}
\begin{array}{ccc}
&\text { Quantity }\
\underline{\text { Price} } &  \underline{\text { Demanded}} \
 \$6 & 1 \
5 &  2 \
4 &  3 \
3 &  4 \
2 &  5 \
1 &  6
\end{array}
\end{array}$ Refer to the data.If this demand schedule were graphed,we would find that:
A) its slope diminishes as we move southeast down the curve.
B) its slope diminishes as we move northwest up the curve.
C) its slope is constant throughout.
D) the data are inconsistent with the law of demand.

Quizplus · Accepted Answer

The demand schedule shows a constant change in quantity demanded for each unit change in price, indicating a constant slope throughout the graph.

Answer the Question on the Basis of the Following Demand