When the total expenditure incurred by the consumers on a commodity due to a change is its price remains the same, then the elasticity of demand for that commodity will be:
• a)
Zero
• b)
One
• c)
More than one
• d)
Less than one

### Related Test

 Nitin Mishra Oct 05, 2018
When the demand for a commodity is price elastic and the price of the commodity falls the in such a situation the total expenditure on the commodity rises . This is because of the fact that when the demand is price elastic the proportionate change in quantity demanded is greater than the proportionate change in price.

 Nafisha Afreen Feb 02, 2022
B

When the demand for a commodity is price elastic and the price of the commodity falls the in such a situation the total expenditure on the commodity rises . This is because of the fact that when the demand is price elastic the proportionate change in quantity demanded is greater than the proportionate change in price.