The sign of the slope of a graph in economic an... - JAMB Economics 2012 Question
The sign of the slope of a graph in economic analysis is important because it
A
shows whether a good is normal or inferior
B
shows the relationship between variables
C
reveals the magnitude of the change between variables
D
helps to determine the unit of measurement of variables
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Correct Option: D
The slope of a graph in economics is crucial because it visually represents the relationship between the variables plotted on the axes.
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