Which of the Following Statements About Unitary Demand Is Most

Multiple Choice

Which of the following statements about unitary demand is most accurate?

A) Products for which there are a lot of substitutes traditionally have unitary demand.
B) Products such as life-saving drugs tend to have unitary demand.
C) Products with unitary demand will have price elasticity equal to 1.
D) Products with unitary demand have a price elasticity that is greater than one.
E) High-end consumer products like jets, yachts, and summer homes usually have unitary demand.