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    Exam 6: Elasticity of Demand and Supply
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    If a Straight-Line Demand Curve Slopes Down, Price Elasticity (Measured
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If a Straight-Line Demand Curve Slopes Down, Price Elasticity (Measured

Question 48

Question 48

Multiple Choice

If a straight-line demand curve slopes down, price elasticity (measured by point elasticity method) will not:


A) remain the same at all points on the demand curve.
B) change between any two points along the demand curve.
C) always be greater than one.
D) always equal one.

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