Economy, asked by rupeshdhodi5751, 8 months ago

An elasticity of-1 means that *?

A. The demand curve is vertical

B. The demand curve is horizontal

C. The relative changes in price & quantity are equal

D. Expenditure on the good would increase if price is reduced

Answers

Answered by shanuszeeshus

6

Answer:

answer is option c

hope it helps you

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