For a linear demand curve,demand is ____ elastic at _____ prices.
A) More; higher
B) Less; higher
C) More; lower
D) Highly; lower

Name: For a linear demand curve,demand is ____ elastic at _____ prices. A) More; higher B) Less; higher C) More; lower D) Highly; lower
Brand: Quizplus
Rating: 4.8 (26 reviews)

Question

Quizplus · Accepted Answer

For a linear demand curve, demand is more elastic at higher prices because the percentage change in quantity demanded is greater for a given change in price at higher price levels compared to lower price levels.

For a Linear Demand Curve,demand Is ____ Elastic at _____

For a Linear Demand Curve,demand Is Elastic at _