what-is-the-primary-difference-between-slope-and-elasticity-on-a-demand-curve

Question

What is the primary difference between slope and elasticity on a demand curve?

Accepted Answer

Slope measures unit changes, while elasticity measures percentage changes.

Answer

Slope measures percentage changes, while elasticity measures unit changes.

Answer

Slope and elasticity both measure unit changes.

Answer

Slope and elasticity both measure percentage changes.