Multiple Choice
There are 10 consumers in the market, each with the demand curve Q = 100 - 0.5P. In a graph of the market demand curve, its slope (ΔP/ΔQ) would equal:
A) -0.50.
B) -0.20.
C) -1.50.
D) -2.25.
Correct Answer:
Verified
Correct Answer:
Verified
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