Question

    The slope of the demand curve is

    A positive Correct Answer Incorrect Answer
    B negative Correct Answer Incorrect Answer
    C zero Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    The slope of the demand curve is typically negative. This means that as the price of a good or service increases, the quantity demanded decreases, and as the price decreases, the quantity demanded increases.

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