Any downward-sloping straight line demand curve displays:

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A downward-sloping straight line demand curve displays three types of demand: elastic, inelastic, and unitary elastic demand. At the top of the demand curve, demand is elastic (i.e., a small change in price results in a large change in quantity demanded). In the middle of the demand curve, demand is unitary elastic (i.e., a change in price results in an equal proportional change in quantity demanded). At the bottom of the demand curve, demand is inelastic (i.e., a large change in price results in a small change in quantity demanded).

Any Downward-Sloping Straight Line Demand Curve Displays