Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is

/ » Micro Economics 1 solved MCQs / By
Question:

If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is

A.

Greater than One

B.

Equal to one

C.

Smaller than one

D.

Zero

Answer» d. Zero

Note: The above multiple-choice question is for all general and Competitive Exams in India.