Demand Is Said to Have Unit Elasticity If the Price

question 137

Multiple Choice

Demand is said to have unit elasticity if the price elasticity of demand is

• A)less than 1.
• B)greater than 1.
• C)equal to 1.
• D)equal to 0.

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Definition: An intense emotional state characterized by a strong desire for another person, often accompanied by physiological arousal and a deep emotional connection.