Along a linear demand curve, price elasticity of demand is:
A)constant.
B)more elastic to the northwest than to the southeast.
C)less elastic to the northwest than to the southeast.
D)always equal to one.

Question

Along a linear demand curve, price elasticity of demand is:
A)​constant.
B)​more elastic to the northwest than to the southeast.
C)​less elastic to the northwest than to the southeast.
D)​always equal to one.

Quizplus · Accepted Answer

Price elasticity of demand varies along a linear demand curve, being more elastic (greater than 1) to the northwest (higher prices and lower quantities) and less elastic (less than 1) to the southeast (lower prices and higher quantities).

Along a Linear Demand Curve, Price Elasticity of Demand Is