As you move down a linear demand curve,the price elasticity of demand will:
A)increase.
B)decrease.
C)increase and then decrease.
D)decrease and then increase.

Question

Quizplus · Accepted Answer

As you move down a linear demand curve, the price elasticity of demand will decrease. This is because, at higher prices, consumers are more sensitive to changes in price and demand is more elastic. As the price decreases, consumers become less sensitive to price changes, and demand becomes less elastic.

As You Move Down a Linear Demand Curve,the Price Elasticity