What Is Unitary Elasticity

question 18

Multiple Choice

What is unitary elasticity?

• A)An elasticity coefficient which is negative.
• B)An elasticity coefficient which is equal to zero.
• C)An elasticity coefficient which is equal to one.
• D)A percentage change in quantity which is exactly equal to the percentage change in demand.
• E)Where elasticity and inelasticity are balanced.

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