If the quantity of commodities demanded remains unchanged as their price changes, the coefficient of price elasticity of demand is :

CA Foundation · Business Economics · MTP · September 2026
If the quantity of commodities demanded remains unchanged as their price changes, the coefficient of price elasticity of demand is :
(A) A. greater than 1
(B) B. equal to 1
(C) C. smaller than 1
(D) D. zero.

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. zero.

Topics: Theory of Demand and Supply

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