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Answer to Question #16913 in Microeconomics for dipanranade
Question #16913
what is the exact slope of the demand curve. Some of the text books state as change in quantity/change in price, while the others state it as change in price/change in quantity, and if the latter is true, then should we inverse the numbers when we find out the slope by using the formula Q= a-bP (where b is the slope)
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