When moving upward the along a liner demand curve,the price elasticity of the demand
A) decreases.
B) increases.
C) stays the same.
D) none of the above

Question

Quizplus · Accepted Answer

Moving upward along a linear demand curve means moving towards higher prices and lower quantities. In this region, the percentage change in quantity demanded for a given percentage change in price becomes larger, indicating an increase in price elasticity of demand.

When Moving Upward the Along a Liner Demand Curve,the Price