With a downward- sloping straight- line demand curve, price elasticity of demand is
A) indeterminate.
B) decreasing continuously with price increases.
C) rising continuously with price increases.
D) constant everywhere on it.
E) increasing to the midpoint of the curve and then decreasing.

Question

Quizplus · Accepted Answer

The Answer of With a downward- sloping straight- line demand curve, price elasticity of demand is
A) indeterminate.
B) decreasing continuously with price increases.
C) rising continuously with price increases.
D) constant everywhere on it.
E) increasing to the midpoint of the curve and then decreasing.

With a Downward- Sloping Straight- Line Demand Curve, Price Elasticity