Figure 4.1
-In Figure 4.1 the demand curve along which price elasticity of demand changes as you move along it is on graph
A) A.
B) B.
C) C.
D) D.

Question

Figure 4.1
-In Figure 4.1 the demand curve along which price elasticity of demand changes as you move along it is on graph
A) A. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

Graph C represents a demand curve where the price elasticity of demand changes as you move along it. This is characteristic of a nonlinear demand curve, where the responsiveness of quantity demanded to changes in price varies at different price levels.

Figure 4.1 -In Figure 4.1 the Demand Curve Along Which Price Elasticity