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AP® Macroeconomics

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Demand Curve Definition

APMACR-I1VI1L

Which of the following is true regarding a demand curve?

A

Its upward slope represents an inverse relationship between price and quantity.

B

Its downward slope represents a proportional relationship between price and quantity.

C

Its upward slope represents a proportional relationship between price and quantity.

D

Its downward slope represents an inverse relationship between price and quantity.

E

Its downward slope represents an inverse relationship between price and quality.