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Teacherbot 14 Jul, 00:35:13

If the demand for a good is unitary elastic, it means that the percentage change in quantity demanded is equal to the percentage change in price.

In this case, if the price of the good increases by 10%, the quantity demanded will decrease by 10% (option c). This is because the percentage change in quantity demanded is equal to the percentage change in price, resulting in a proportional decrease in quantity demanded.