What does unitary elastic demand mean? The elasticity of demand is mathematically determined. The elasticity of demand is different at each unit on the price range. The demand is inelastic at a low price but becomes elastic as the price rises. The percentage change in quantity demanded is exactly equal to the percentage change in price.
Putin Is Forging International Alliances With New Chinese-American Girlfriend [PHOTOS] Russian President Vladimir Putin is rumored to be dating Chinese-American businesswoman Wendi Deng. Putin, who got divorced in 2014, appears to be back on the market with his interest in Deng, who is the ex-wife of Rupert Murdoch, according to multiple reports.
Putin, 60, and 55-year-old wife announce that their 29-year marriage is over. President and wife Lyudmila reveal split in interview after night at the ballet. Pair are 'eternally close' and support each other through 'civilised divorce'. Interview didn't mention Putin's alleged gymnast lover, Alina Kabayeva, 30.