What is the slope of demand curve?
Dear student,
As the slope is defined as the change in the variable on Y axis to the change in the variable on X axis.Hence the slope of demand curve is,
Slope of demand Curve=Change in price/Change in quantity
Regards.
As the slope is defined as the change in the variable on Y axis to the change in the variable on X axis.Hence the slope of demand curve is,
Slope of demand Curve=Change in price/Change in quantity
Regards.