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प्रश्न
Draw the demand curve showing unitary elastic demand all through.
Draw demand curves showing elasticity equal to one.
Draw a diagram to show the elasticity of demand when it is Unity.
Draw demand curve with unitary elasticity.
Draw a demand curve which has unit price elasticity everywhere.
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उत्तर

Unitary elasticity is present at every point on demand curve D3. A rectangular hyperbola curve is the name given to such a curve. A rectangular hyperbola curve, as used in mathematics, is a curve where the total area of the rectangles at various locations on the curve is equal. Such a circle uniformly extends towards the X and Y axes, yet it never makes contact with them. As a result, a rectangular hyperbola is the shape that the demand curve exhibiting unitary elasticity of demand on each of its points takes. Unitary elastic demand cases are quite uncommon.
Notes
Students should refer to the answer according to their questions.
