I. The price elasticity of demand is constant along the entire length of a linear demand curve.
II. The price elasticity of demand is the special name that economists give to the slope of a demand curve.
Select one:
a. I is true, and II is false. EXPLAIN WHY
b. I is false, and II is true.EXPLAIN WHY
c. I and II are false.EXPLAIN WHY
d. I and II are true.EXPLAIN WHY