Business, 19.07.2021 15:50 bamozer152

If the demand for a good is elastic 1 point A. The percentage change in quantity demanded is less than the percentage change in price. B. People do not change the quantity demanded if the price changes. C. People substantially decrease the quantity demanded if the price rises by a small amount. D. People substantially increase the quantity demanded if the price rises by a small amount. E. People substantially increase the quantity demanded if their income increases by a small amount.

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