It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.
What is elastic demand?
An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.
An inelastic demand entails change in quantity demanded due to a change in price is small.
Learn more about elastic demand at;
https://brainly.com/question/24384825
