Advertisement Remove all ads

As We Move Along a Downward Sloping Straight Line Demand Curve from Left to Right, Price an Elasticity of Demand : (Choose the Correct Alternative) - Economics

As we move along a downward sloping straight line demand curve from left to right, price
an elasticity of demand : (choose the correct alternative)

(a) remains unchanged

(b) goes on falling

(c) goes on rising

(d) falls initially then rises

 

Advertisement Remove all ads

Solution

goes on falling

As we move along a downward sloping straight line demand curve from left to right, the price elasticity of demand goes on falling.

  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×