What Does Unitary Elastic Demand Mean?

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What Does Unitary Elastic Demand Mean?

The elasticity of demand is mathematically determined. The elasticity of demand is different at each unit on the price range. The demand is inelastic at a low price but becomes elastic as the price rises. The percentage change in quantity demanded is exactly equal to the percentage change in price.
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The percentage change in quantity demanded is exactly equal to the percentage change in price.

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