When moving upward the along a liner demand curve,what happens to the price elasticity of the demand?
A)decreases
B)increases
C)stays the same
D)none of the above

Question

Quizplus · Accepted Answer

When moving upward along a linear demand curve, the price elasticity of the demand increases. This is because, as the price increases, consumers become more sensitive to the price change and decrease their quantity demanded, making the demand more elastic.

When Moving Upward the Along a Liner Demand Curve,what Happens