The demand for hamburgers is shown in the following figures, with hamburgers priced in dollars in Figure a and pennies in Figure b. Calculate the slope of each demand curve and use your answers to explain why slope is not a useful measure of responsiveness of the quantity demanded to price changes. How can you use the information presented in these figures to obtain a more useful measure of responsiveness of the quantity demanded to price changes?

a. Prices of hamburgers (dollars) 

b. Prices of hamburgers (pennies). 

Transcribed Image Text:

5 3 0 D 10 20 Quantity of hamburgers