When a demand curve is linear,
A) the elasticity is the same as the slope of the demand curve.
B) demand is elastic at high prices.
C) demand is unitary elastic at low prices.
D) the elasticity is constant at all prices.

Question

Quizplus · Accepted Answer

When a demand curve is linear, demand is elastic at high prices because the percentage change in quantity demanded is greater than the percentage change in price at higher price levels.

When a Demand Curve Is Linear