Which of the Following Correctly Describes the Slope of the Demand

question 37

Short Answer

Which of the following correctly describes the slope of the demand and supply curves?

$\begin{array}{llcc}&\underline{ \text { Demand Curve } }&& \underline{ \text {Supply Curve }} \\\end{array}$
A) $\begin{array}{llcc} \text { upward sloping } && \text { downward sloping} \\\end{array}$
B) $\begin{array}{llcc} \text { no slope} &&&&&& \text {upward sloping } \\\end{array}$
C) $\begin{array}{llcc} \text { downward sloping } && \text {no slope } \\\end{array}$
D) $\begin{array}{llcc} \text { downward sloping } && \text { upward sloping } \\\end{array}$

• A)\(\begin{array}{llcc}
• \text { upward sloping } && \text { downward sloping} \\
• \end{array}\)
• B)\(\begin{array}{llcc}
• \text { no slope} &&&&&& \text {upward sloping } \\
• \end{array}\)
• C)\(\begin{array}{llcc}
• \text { downward sloping } && \text {no slope } \\
• \end{array}\)
• D)\(\begin{array}{llcc}
• \text { downward sloping } && \text { upward sloping } \\
• \end{array}\)

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