Post Utme Al Hikmah University 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice

Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

The elasticity of demand for a good is unit elastic if the percentage change in quantity demanded is equal to the percentage change in price

Answer Options

A. Greater than 1

B. Less than 1

Correct Answer C. Equal to 1

D. Greater than -1

Correct Answer

Correct Option:

Equal to 1

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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