Economy, asked by ciffafernandes908, 5 hours ago

if a rise or fall in price of commodity causes no change in expenditure than price elasticity is?

Answers

Answered by sishpreet11

Answer:

elasticity is equal to 1,Ed=1

Answered by priya2711

Answer:

Elasticity of demand is unitary if a rise or a fall in own price of the commodity causes no change in total expenditure on the commodity. Elasticity is equal to 1

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if a rise or fall in price of commodity causes no change in expenditure than price elasticity is?​

Answers

if a rise or fall in price of commodity causes no change in expenditure than price elasticity is?