what is the unit of elasticity of demand
Answers
Answered by
1
Explanation:
Unit elastic demand is referred to as a demand in which any change in the price of a good leads to an equally proportional change in quantity demanded. In other words, the unit elastic demand implies that the percentage change in quantity demanded is exactly the same as the percentage change in price.
Answered by
2
Answer:
HOPE IT WILL HELPS YOU..
Attachments:
Similar questions