A) Elasticity is constant along a linear demand curve as the slope is also const

Question

A) Elasticity is constant along a linear demand curve as the slope is also constant along a linear demand curve.
B) The absolute value of elasticity is high at high prices and low quantities, and low at low prices and high
quantities along the demand curve.
C) The absolute value of elasticity is low at high prices and low quantities, and high at low prices and low
quantities along the demand curve.
D) The elasticity is positive at high prices and low quantities, and negative at low prices and high quantities along
the demand curve.

Explanation / Answer

D) The elasticity is positive at high prices and low quantities, and negative at low prices and high quantities along the demand curve. Sounds good to me. Hope this helped, best of luck.

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