Скачать или смотреть Unitary Elastic Demand Explained | Economics 12th

Dive into the concept of Unitary Elastic Demand in Economics for 12th grade. This short explains how a percentage change in price leads to a proportionate change in quantity demanded, a key concept in the Elasticity of Demand chapter. Perfect for students looking to grasp the fundamentals of economics. Question covered: Which of the following best describes Unitary Elastic Demand? Options: A slight change in price leads to an infinite change in quantity demanded., A percentage change in price has no effect on the quantity demanded., A percentage change in price leads to a proportionate change in quantity demanded., A percentage change in price leads to a more than proportionate change in quantity demanded., A percentage change in price leads to a less than proportionate change in quantity demanded. Correct answer: A percentage change in price leads to a proportionate change in quantity demanded.

Standard: 12th
Subject: ECONOMICS
Medium: English

Chapter: ELASTICITY OF DEMAND
Chapter N