On a linear demand curve, demand is ________ at small quantities than it is at the middle of the demand curve.
A) more elastic
B) less elastic
C) equally elastic
D) impossible to tell

Question

Quizplus · Accepted Answer

On a linear demand curve, elasticity of demand increases as we move from the middle towards the endpoints. At small quantities, any change in price will have a relatively larger impact on the quantity demanded, making demand more elastic.

On a Linear Demand Curve, Demand Is ________ at Small