As we move down a linear demand curve,the absolute value of the price elasticity of demand:
A)increases.
B)stays the same.
C)decreases.
D)cannot be determined without more information.

Question

Quizplus · Accepted Answer

As we move down a linear demand curve, the absolute value of the price elasticity of demand decreases because the proportionate change in quantity demanded becomes larger relative to the proportionate change in price.

As We Move Down a Linear Demand Curve,the Absolute Value