if the proportionate change in the price of a commodity is more than the proportionate change in its quantity demand per unit of time , its pirce elastictiy demand is greater than unity.

if the proportionate change in the price of a commodity is more than t

1.	if the proportionate change in the price of a commodity is more than the proportionate change in its quantity demand per unit of time , its pirce elastictiy demand is greater than unity.
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Price <a href="https://interviewquestions.tuteehub.com/tag/elasticity-14238" style="font-weight:bold;" target="_blank" title="Click to know more about ELASTICITY">ELASTICITY</a> of demand will be less than unity `( <a href="https://interviewquestions.tuteehub.com/tag/ed-445147" style="font-weight:bold;" target="_blank" title="Click to know more about ED">ED</a> <a href="https://interviewquestions.tuteehub.com/tag/gt-1013864" style="font-weight:bold;" target="_blank" title="Click to know more about GT">GT</a> <a href="https://interviewquestions.tuteehub.com/tag/1-256655" style="font-weight:bold;" target="_blank" title="Click to know more about 1">1</a>)` as proportionate change in demand is less than proportionate change in price.</body></html>