Q.9 The elasticity of rectangular hyperbola is a. Zero. b. One c. Chan – InterviewSolution

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1.	Q.9 The elasticity of rectangular hyperbola is a. Zero. b. One c. Changes at each point d. None
Answer» oneExplanation:When the percentage change in the quantity demanded is equal to the percentage change in the price, then the demand for the commodity is SAID to be UNITARY ELASTIC. It is also equal to one and the demand curve is also CALLED a RECTANGULAR hyperbola. Hence, its co-efficient value is one.

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