Business, 25.01.2020 06:31, Gabysh3794

Acoffee company lowers the price of its one-pound bags of coffee from $10 to $9 and as a result, the quantity demanded increases from 4 million to 5 million units.
assuming the company's demand curve is linear, what is the slope of the demand curve? treat the quantity increase as an increase from 4 to 5, ignoring the millions. [recall, one formula for slope is rise / run]

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Acoffee company lowers the price of its one-pound bags of coffee from $10 to $9 and as a result, the...