1. The problem statement, all variables and given/known data The demand for good A is unit elastic. This means that a 5 percent increase in price will ______ A) result in an infinite increase in the quantity of A demanded. B) result in a 1 percent decrease in the quantity of A demanded. C) result in 5 percent increase in quantity demanded. D) have no impact on the consumer's spending on the good. E) increase consumer's spending on the good by 5 percent. 2. Relevant equations 3. The attempt at a solution I'm sure A to C is false which only leaves the answer to be D or E. I know unitary elasticity has a proportional change in terms of % change in price and % change in quantity demanded. Assuming consumerspending= P x Q, TR will remain relatively the same. So would it be D?