alleryMatch linear curve: 1. Upper: p. Elastic 2. Mid: q. Unit point 3. Lower: r. Inelastic
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Along a straight downward-sloping linear demand curve, elasticity declines continuously from elastic at the top to inelastic at the base.
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