Resources Hint Check A of 29> What is the slope of the given demand curve? (5,...

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Answer 1

Answer #1

let (x1 , y1 ) = ( 13,11) and (x2 , y2 ) = (5,15 )

so slope of demand curve ( straight Line) = (y2- y1 )/(x2- x1 )

putting the values from the above points

slope = (15- 11 ) / ( 5- 13 )

= 4/(-8 )

= -1/2

= - 0.5 is the slope of the demand curve .

> should be negative, its a decrasing slope

declan mckeown Fri, Jan 14, 2022 12:44 PM

Answer 2

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