What does the term “unitary elastic” describe?

asked Jul 12, 2019 206k views

0 votes

8.5k points

Please log in or register to add a comment.

6 votes

Demand whose elasticity is exactly equal to 1 -Gradpoint

100% the correct answer

8.2k points

4 votes

It describes the demand for a good if a change in the price of that good also causes a change in demand.

Orhanhenrik answered Jul 16, 2019

9.1k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers