Multiple Choice
The difference between slope and elasticity is that slope
A) is a ratio of two changes, and elasticity is a ratio of two percentage changes.
B) is a ratio of two percentage changes, and elasticity is a ratio of two changes.
C) measures changes in quantity demanded more accurately than elasticity.
D) none of the above; there is no difference between slope and elasticity.
Correct Answer:

Verified
Correct Answer:
Verified
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