On a Given Linear Demand Curve, as Price Increases Demand

question 63

Multiple Choice

On a given linear demand curve, as price increases demand becomes:

• A)more elastic.
• B)less elastic.
• C)more negative.
• D)more variable.

---

Definitions:

Sweatshops

Workplaces, often in the garment industry, that have very poor, socially unacceptable working conditions, including low wages and long hours.

Corporate Blog

A blog published and operated by an organization to reach its goals of marketing, branding, or public relations.

Marketing Implications

The potential effects or outcomes of a marketing strategy or decision on the market, consumer behavior, and the overall business.

Social Media

Platforms that enable users to create, share content, or participate in social networking.