Exam CFA-Level-I Topic 1 Question 336 Discussion

Actual exam question for CFA's CFA-Level-I exam
Question #: 336
Topic #: 1
If the price elasticity of demand is unit then a fall in price:

Suggested Answer: B Vote an answer

This means the percentage change in quantity demanded equals the percentage change in price so price changes will not alter the revenue.

by Booth at Feb 09, 2025, 10:19 PM

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