When we move upward and to the left along a linear, downward-sloping demand curve, price elasticity of demand a. first becomes larger, then smaller. b. always becomes larger. c. always becomes smaller. d. first becomes smaller, then larger.

Question

Oliver Carroll

Mathematics

3 August, 07:26

When we move upward and to the left along a linear, downward-sloping demand curve, price elasticity of demand a. first becomes larger, then smaller. b. always becomes larger. c. always becomes smaller. d. first becomes smaller, then larger.

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Answers (1)

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Riley Kent · Answer 1

C. Always become smaller

Step-by-step explanation:

As the demand curve slopes downwards, it implies there's a decrease in quantity demanded as price percentages increases, therefore, price elasticity of demand becomes smaller.