Business, 16.12.2019 21:31 alexcuevaz90

When demand is unit elastic, price elasticity of demand equals a. 1, and total revenue and price move in the same direction. b. 1, and total revenue and price move in opposite directions. c. 1, and total revenue does not change when price changes. d. 0, and total revenue does not change when price changes.

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When demand is unit elastic, price elasticity of demand equals a. 1, and total revenue and price mov...