Solved UPSC CDS/OTA Question
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Q · Law of ElasticityMedium · 45s
Which of these best describes unitary elastic demand?
TopicLaw of Elasticity
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
When percentage change in quantity equals percentage change in price, Ed = 1.
Final Answer: Option C - Ed = 1