Figure 6-5
-If the demand curve for a good is unit elastic, then total expenditure will _____ as the price of the good decreases.
A)remain constant
B)fall
C)rise
D)go to zero

Question

Figure 6-5 
-If the demand curve for a good is unit elastic, then total expenditure will _____ as the price of the good decreases.
A)remain constant 
B)fall 
C)rise 
D)go to zero

Quizplus · Accepted Answer

The Answer of Figure 6-5 
-If the demand curve for a good is unit elastic, then total expenditure will _____ as the price of the good decreases.
A)remain constant 
B)fall 
C)rise 
D)go to zero

Figure 6-5 -If the Demand Curve for a Good Is Unit Elastic