As you move left along the demand curve, the price elasticity of demand:
A) becomes more inelastic.
B) becomes more elastic.
C) does not change.
D) becomes infinite.
E) moves closer to zero.

Question

Quizplus · Accepted Answer

As you move left along the demand curve, the price elasticity of demand becomes more elastic. This is because as the price decreases, the quantity demanded increases at a faster rate, indicating that consumers are more responsive to changes in price. Therefore, the elasticity of demand increases as we move down the demand curve from left to right.

As You Move Left Along the Demand Curve, the Price