The flatter the demand curve passing through a given point, the less elastic the demand curve at...

Question:

The flatter the demand curve passing through a given point, the less elastic the demand curve at that point.

a. True

b. False

The elasticity of Demand:

The elasticity of demand is the concept that deals with changes in quantity demanded when there is a change in price. If demand is elastic, the quantity demanded changes a great deal with a change in price. If demand is inelastic, the change is smaller.