Economics · Demand Theory
A fall in the price of a commodity whose demand curve is a rectangular hyperbola (unitary elastic demand) causes the total expenditure on that commodity to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Increase
- 2Decrease
- 3Remain unchanged✓
- 4Fall to zero
Correct answer
Remain unchanged
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