For a Straight-Line Downward-Sloping Demand Curve, Price Elasticity of Demand

Multiple Choice

For a straight-line downward-sloping demand curve, price elasticity of demand

A) increases as we move down along the demand curve from higher to lower prices.
B) decreases as we move down along the demand curve from higher to lower prices.
C) remains constant along the entire demand curve.
D) decreases as we move up along the demand curve from lower to higher prices.