Given a linear demand curve has a constant slope, it follows that the elasticity of the linear demand curve is also always constant.

Name: Given a linear demand curve has a constant slope, it follows that the elasticity of the linear demand curve is also always constant.
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Question

Quizplus · Accepted Answer

The elasticity of a linear demand curve changes as we move along the curve because the slope changes at different points. Therefore, the elasticity is not always constant.

Given a Linear Demand Curve Has a Constant Slope, It