The Difference Between Slope and Elasticity Is That Slope

question 302

Multiple Choice

The difference between slope and elasticity is that slope

• A) is a ratio of two changes, and elasticity is a ratio of two percentage changes.
• B) is a ratio of two percentage changes, and elasticity is a ratio of two changes.
• C) measures changes in quantity demanded more accurately than elasticity.
• D) none of the above; there is no difference between slope and elasticity.

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