Ask Question
21 November, 12:34

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.

+1
Answers (1)
  1. 21 November, 13:48
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When we move upward and to the left along a linear, downward-sloping demand curve, price elasticity of demand a. first becomes larger, then ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers