1

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

Correct Answer: zero

Make the most of this question

This page focuses on one Basics of Economics question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

Basics of Economics MCQ: If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is: | Extra Education