A restaurant knows that beverages such as beer, wine and mineral water are complementary goods with any meal purchased. There is a policy that no food or drink may be brought into this restaurant.

Select the item from the list provided to make the following statements true.

The demand for beverages could be considered __________because, once customers are seated and have ordered their meal, they can only purchase beverages from the restaurant.

If demand for beverages is inelastic at the current price, a 1% increase in the price of all beverages in the restaurant would lead to a less than a __________% decrease in beverages ordered.

If demand for beverages is inelastic at the current price, the restaurant could __________its prices in order to increase revenue.

 1. more 2. 1 3. greater 4. 0.18 5. necessary 6. increase 7. luxury 8. 0 9. inelastic 10. elastic 11. decrease 12. substitute