Along a straight-line demand curve,the elasticity of demand:
A)is unitary elastic.
B)is more elastic as the price falls.
C)different at every point along the curve.
D)is perfectly elastic.
E)is perfectly inelastic.

Question

Quizplus · Accepted Answer

The elasticity of demand varies along a straight-line demand curve; it is more elastic at higher prices and less elastic at lower prices.

Along a Straight-Line Demand Curve,the Elasticity of Demand