There is no change in total revenue when the demand curve for a good is:
A) unitary elastic.
B) perfectly inelastic.
C) elastic.
D) inelastic.
E) perfectly elastic.

Name: There is no change in total revenue when the demand curve for a good is: A) unitary elastic. B) perfectly inelastic. C) elastic. D) inelastic. E) perfectly elastic.
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Question

Quizplus · Accepted Answer

When the demand curve is unitary elastic, a change in price leads to a proportional change in quantity demanded, resulting in no change in total revenue.

There Is No Change in Total Revenue When the Demand