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Figure 6-5 -If the Demand Curve for a Good Is Unit Elastic

Question 69

Multiple Choice

Figure 6-5 Figure 6-5 -If the demand curve for a good is unit elastic, then total expenditure will _____ as the price of the good decreases. A) remain constant B) fall C) rise D) go to zero
-If the demand curve for a good is unit elastic, then total expenditure will _____ as the price of the good decreases.


A) remain constant
B) fall
C) rise
D) go to zero

Correct Answer:

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