Which variables make the demand curve flatter and more elastic? Answer: Variables that make the demand curve flatter and more elastic are: many substitutes, luxury, portion of the budget, and long period of time. Type: Fill In The Blank How is inelastic demand defined? Answer: When demand is inelastic, the response in quantity demanded is than the change price. Type: Fill In The Blank When is demand unit elastic? as the change in price, then demand is unit elastic. Answer: If for a certain change in price the response in quantity demanded is the Type: Fill In The Blank Points Awarded: 0.000/1.000 What is the shape of the demand curve when demand is perfectly inelastic? Answer: If demand is perfectly inelastic, the demand curve is Type: Fill In The Blank 1. AAA How does elasticity behave along a straight line demand curve as price decreases? Answer: As price decreases, elasticity Type: Fill In The Blank