The Slope of a Curve Is

question 21

Multiple Choice

The slope of a curve is

• A)always positive.
• B)always negative.
• C)positive if the curve rises to the right.
• D)negative if the curve rises to the right.
• E)always constant.

Understand the basic concepts of supply and demand in the market.

Comprehend the effects of price changes on supply and demand.

Analyze the impact of supply and demand shifts on market equilibrium.

Recognize the concept of equilibrium price and quantity in the market.