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Kyuubi Kyuubi
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6 years ago
Consider the equation QD = a - bP, a > 0, b > 0 where QD = quantity demanded and P = price. Which of the following statements is correct?
A) P is a shift parameter
B) QD is a shift parameter
C) a represents the slope of the demand function
D) − b represents the slope of the demand function
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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angelverdeangelverde
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6 years ago
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