English

In case of __________ demand, percentage change in the quantity demanded is equal to percentage change in price.

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Question

In case of __________ demand, percentage change in the quantity demanded is equal to percentage change in price.

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Solution

In case of unitary elastic demand, percentage change in the quantity demanded is equal to percentage change in price.

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Chapter 4: Elasticity of Demand - OBJECTIVE QUESTIONS [Page 4.34]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 4 Elasticity of Demand
OBJECTIVE QUESTIONS | Q 4. | Page 4.34
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