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Why price elasticity of demand falls when we move from left to right along a downward sloping straight line demand curve?
Most Upvoted Answer
Why price elasticity of demand falls when we move from left to right a...
Beacuse of law of demand... it's slope is downward.... law of demand refers ....keeping others factor constant.... their is inversely relationship between price.. and demand
Community Answer
Why price elasticity of demand falls when we move from left to right a...
Because law of demand.It tells inverse relationship between price and its quantity demanded keeping other factor constant.
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Why price elasticity of demand falls when we move from left to right along a downward sloping straight line demand curve? Related: Why does Demand Curve Slopes Downward? - Commerce
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