If the Price of Apples Is on the Vertical Axis

question 337

Multiple Choice

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 multiplied by the change in quantity.
• B) the change in price divided by the change in quantity.
• C) the change in quantity divided by the change in price.
• D) price divided by quantity.

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Definitions:

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