Price Elasticity of Demand Is Also Known as the Slope

question 89

True/False

Price elasticity of demand is also known as the slope of the demand curve.

---

Definitions:

Quarterly

Happening quarterly or four times annually.

Trust Fund

A legal arrangement through which assets are held by a third party for the benefit of another party or parties.

Compounded Quarterly

The process in which interest is calculated and added to the principal amount every quarter of the year.

Deposits

Money placed into a bank account or given as a security for a contractual agreement.