On a linear demand curve,the lower the price,
A) the less elastic is demand.
B) the more elastic is demand.
C) the elasticity equals -1.
D) the elasticity equals zero.

Question

Quizplus · Accepted Answer

On a linear demand curve, as the price decreases, the demand becomes less elastic because the percentage change in quantity demanded becomes smaller relative to the percentage change in price.

On a Linear Demand Curve,the Lower the Price