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the claim
Revenue remains unchanged when price changes for a product with unitary demand elasticity
the verdict
COMMON KNOWLEDGE
no citation needed for this one
refutedsupported
the weight of evidence
no sources on either side

This claim follows directly from the definition of unitary demand elasticity where the percentage change in quantity demanded exactly offsets the percentage change in price, leaving total revenue unchanged. No citation is needed for this definitional economic principle.

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The analysis

The claim states a foundational economic definition regarding price elasticity of demand equal to one (unitary elasticity), where total revenue ($P \times Q$) remains invariant to small price changes because the percentage change in quantity is equal and opposite to the percentage change in price. This is a matter of mathematical definition and basic economic observation rather than an empirical hypothesis requiring new literature validation.

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first checked04 Aug 2026
judged → COMMON KNOWLEDGE · 9504 Aug 2026
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