"The slope of the demand curve is the elasticity of demand." Do you agree or disagree?...

Question

Question

"The slope of the demand curve is the elasticity of demand." Do you agree or disagree? Why?

Answer 1

Answer #1

false.

elasticity of demand = dQ/dP x (P/Q

= 1/slope of demand curve x (P/Q)

Pls give thumbs up.

Answer 2

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