Question

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

 

Answer 1

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.