Multiple Choice Questions on On all points of rectangular hyperbola demand curve elasticity of demand is ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

On all points of rectangular hyperbola demand curve elasticity of demand is ........

Economics (CUET) Consumer Behaviour and Demand
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    On all points of rectangular hyperbola demand curve, elasticity of demand is

    Equal to unity        

    Correct Answer

    Zero

    Incorrect Answer

    Greater than unity

    Incorrect Answer

    Less than unity

    Incorrect Answer
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    Explanation:

    Equal to unity        

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