Help me guys Ques With a change in price when demand does not change ep will be ?
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Price elasticity of demand that is less than 1 is inelastic. Demand for the product does not change significantly after a price increase. ... Demand is said to be "unit elastic" when it equals 1. That means that demand for the product will move proportionately with the price change.
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Price, Decrease to D2, Original Quantity Demanded D0, Increase to D1 ... When this man got a raise, he shopped at an expensive organic grocery store ... A change in price does not shift the demand curve. and please follow me and please marks as me brilliant
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