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Shanu posted an Question
September 02, 2020 • 22:54 pm 75 points
  • UGC NET
  • Economics

What is meant by unitary elastic demand

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  • Anonymous User best-answer

    Unitary elasticity means that a given percentage change in price leads to an equal percentage change in quantity demanded or supplied.

  • Anonymous User Best Answer

    Unitary elasticity means that a given percentage change in price leads to an equal percentage change in quantity demanded or supplied.

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