The elasticity of demand changes
A)along a vertical demand curve.
B)along a horizontal demand curve.
C)along a linear, downward-sloping demand curve.
D)along a supply curve.
E)only when the demand curve shifts.

Question

Quizplus · Accepted Answer

The elasticity of demand changes along a linear, downward-sloping demand curve because the proportion of quantity demanded to price changes at different points along the curve. Elasticity is higher at higher prices and lower quantities, and lower at lower prices and higher quantities.

The Elasticity of Demand Changes