As price decreases along a downsloping linear demand curve,price elasticity of demand decreases.

Name: As price decreases along a downsloping linear demand curve,price elasticity of demand decreases.
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As price decreases along a downsloping linear demand curve, the quantity demanded increases, but at a decreasing rate. This means that the percentage change in quantity demanded is smaller than the percentage change in price, leading to a decrease in price elasticity of demand.

As Price Decreases Along a Downsloping Linear Demand Curve,price Elasticity