Along a downward-sloping linear demand curve,
A)slope is constant and elasticity is changing
B)slope is changing and elasticity is constant
C)both slope and elasticity are constant
D)both slope and elasticity are changing
E)no generalizations can be made about slope

Question

Quizplus · Accepted Answer

The slope of a linear demand curve is constant because it is a straight line. However, elasticity changes along the curve because elasticity depends on the percentage change in quantity and price, which varies at different points on the curve.

Along a Downward-Sloping Linear Demand Curve