If demand curve is rectangular hyperbola.ED …
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Gaurav Seth 4 years, 8 months ago
When percentage change in the quantity demanded is equal to percentage change in price, then demand for such a commodity is said to be unitary elastic. In this case, Ed = 1 and the demand curve is a rectangular hyperbola. Rectangular hyperbola is a curve under which the total area at all points will be the same.
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