If the Equation for the Demand Curve Is Q =

question 36

True/False

If the equation for the demand curve is q = 20 - 2p, then the ratio of marginal revenue to price is constant as price changes.

---

Definitions:

Global South

A term often used to describe countries considered to be in a position of socio-economic and political disadvantage, primarily those in the Southern Hemisphere.

Farmer's Family

Refers to the household members related to and living with a farmer, often involved in agricultural activities and decisions.

Economic Development

The process of improving the economic well-being and quality of life of a community or nation, often through industrial, social, and infrastructural enhancements.

Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.