Why is elasticity unitless? Microeconomics Supply and Demand Elasticity 1 Answer Konstantinos Michailidis Mar 20, 2016 The elasticity for demand of something can be defined as Hence by definition it has no units. Answer link Related questions What are some examples of products with inelastic demand? How does elasticity change in the long run? How does elasticity change as prices increase? How does elasticity affect price? What is an example demand elasticity? Why is elasticity unitless? What is price elasticity of supply? What is price elasticity of demand? What does elasticity refer to in economics? What types of goods have price elasticities of demand greater than -1? See all questions in Elasticity Impact of this question 2618 views around the world You can reuse this answer Creative Commons License