Question

1) If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
Select one:
a. Positive
b. Either negative or positive
c. Neither negative nor positive
d. Negative​

Answer 1

Answer:

Since slope is defined as the change in the variable on the y-axis divided by the change in the variable on the x-axis, the slope of the demand curve equals the change in price divided by the change in quantity. ... Note again that the slope is negative because the curve slopes down and to the right

Explanation:

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