If demand is unit elastic, then
A. the unit change in quantity demanded equals the unit change in price.
B. a ten percent increase in price leads to a one percent decrease in quantity demanded.
C. an increase in price of any amount leads to quantity demanded falling to zero.
D. a two percent increase in price leads to a two percent decrease in quantity demanded.
Answer: D
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a. smart b. debit c. credit d. savings
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