Answer to Question #134399 in Macroeconomics for Thando

Question #134399

Along any downward sloping straight-line demand curve:

A. both the price elasticity and slope vary.

B. both the price elasticity and slope are constant.

C. the slope varies, but the price elasticity is constant.

D. the price elasticity varies, but the slope is constant.


1
Expert's answer
2020-09-23T09:43:26-0400

D. the price elasticity varies, but the slope is constant.


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