When we move upward and to the left along a linear, downward-sloping demand curve, price elasticity of demand a. first becomes l arger, then smaller. b. always becomes larger. c. always becomes smaller. d. first becomes smaller, then larger.
1 answer:
Answer:
C. Always become smaller
Step-by-step explanation:
As the demand curve slopes downwards, it implies there's a decrease in quantity demanded as price percentages increases, therefore, price elasticity of demand becomes smaller.
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