The price elasticity of demand along a linear demand curve is
A) more elastic at higher prices than at low prices.
B) infinite.
C) one.
D) constant.

Question

Quizplus · Accepted Answer

The price elasticity of demand varies along a linear demand curve, becoming more elastic as price increases and quantity demanded decreases. This is because the percentage change in quantity demanded becomes larger relative to the percentage change in price as we move up the demand curve to higher prices and lower quantities.

The Price Elasticity of Demand Along a Linear Demand Curve