Posted: October 5th, 2016

When demand is ____ a percentage change in ____ is exactly offset by the same percentage change in ____ demanded, the net result being a constant total consumer expenditure.

When demand is ____ a percentage change in ____ is exactly offset by the same percentage change in ____ demanded, the net result being a constant total consumer expenditure. Answer elastic; price; quantity unit elastic; price; quantity inelastic; quantity; price inelastic; price; quantity

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