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Which of the Following Correctly Describes the Slope of the Demand

Question 12

Short Answer

Which of the following correctly describes the slope of the demand and supply curves?

 Demand Curve Supply Curve \begin{array}{llcc}&\underline{ \text { Demand Curve } }&& \underline{ \text {Supply Curve }} \\\end{array}
A)  upward sloping  downward sloping\begin{array}{llcc} \text { upward sloping } && \text { downward sloping} \\\end{array}
B)  no slopeupward sloping \begin{array}{llcc} \text { no slope} &&&&&& \text {upward sloping } \\\end{array}
C)  downward sloping no slope \begin{array}{llcc} \text { downward sloping } && \text {no slope } \\\end{array}
D)  downward sloping  upward sloping \begin{array}{llcc} \text { downward sloping } && \text { upward sloping } \\\end{array}

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