If demand is unitary elastic, a 25% increase in price will result in Options: A . &nbsp25% change in total revenue B . &nbspNo change in quantity demanded C . &nbsp1% decrease in quantity demanded D . &nbsp25% decrease in quantity demanded

If demand is unitary elastic, a 25% increase in price will result in

Question

If demand is unitary elastic, a 25% increase in price will result in

Options:

A . 25% change in total revenue

B . No change in quantity demanded

C . 1% decrease in quantity demanded

D . 25% decrease in quantity demanded

Answer: Option D

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