When we move upward and to the left along a linear demand curve,price elasticity of demand
A)first becomes smaller, then larger.
B)always becomes larger.
C)always becomes smaller.
D)first becomes larger, then smaller.

Question

Quizplus · Accepted Answer

As we move upward and to the left along a linear demand curve, the price elasticity of demand increases because the percentage change in quantity demanded becomes larger relative to the percentage change in price.

When We Move Upward and to the Left Along a Linear