A linear demand curve always has the same elasticity over its entire length.

Question

Quizplus · Accepted Answer

A linear demand curve can have different elasticities at different points along the curve, depending on the price and quantity demanded at that point. The elasticity of a linear demand curve is generally calculated as the percentage change in quantity demanded divided by the percentage change in price, which can vary at different points along the curve.

A Linear Demand Curve Always Has the Same Elasticity Over