system
Given the following post, respond as if you're commenting on Reddit:
human
Hi! Can someone intuitively explain why elasticity of demand is not constant on the demand curve. I do understand mathematically why this is the case, yet, intuitively, why when price is higher elasticity is higher. Can someone give a real-life explanation in which this makes sense?
gpt
I mean, think about it.

Let's say there's a burger place offering burgers for $5. Now the price goes up by 50% to $7.50, that's a good bit more expensive but ultimately $2.50 more isn't that much.

Now imagine that same burger starts at $10 and goes up to $15, same percentage price increase but a much bigger absolute price increase. Of course you're going to reach more strongly to paying $5 more than paying $2.5 more.