Moving down a linear demand curve,what happens to the slope and the elasticity
A)The slope and elasticity are both constant.
B)The slope changes but elasticity is constant.
C)The slope and elasticity both get smaller.
D)The slope is constant but elasticity gets smaller.

Question

Quizplus · Accepted Answer

The slope of a linear demand curve is constant because it is a straight line. However, elasticity decreases as you move down the curve because elasticity measures the percentage change in quantity demanded relative to a percentage change in price, and this ratio decreases as price decreases and quantity increases.

Moving Down a Linear Demand Curve,what Happens to the Slope