Which of the Following Statements About Straight-Line Demand Curves Is

question 70

Multiple Choice

Which of the following statements about straight-line demand curves is true?

• A)The price elasticity of demand becomes larger in absolute value as price falls.
• B)The price elasticity of demand becomes smaller in absolute value as price falls.
• C)The price elasticity of demand is constant along the curve.
• D)The price elasticity of demand and the slope of the demand curve are the same.
• E)Demand is price elastic everywhere along the curve.

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