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As a result of a shift in supply the percentage change in equilibrium price is greater than the percentage change in equilibrium quantity. This implies

As a result of a shift in supply the percentage change in equilibrium price is greater than the percentage change in equilibrium quantity. This implies that demand is : Question 29 options: Not enough information to answer Elastic Unit elastic InelasticThe local coffee shop is collaborating with the neighborhood soup kitchen to raise funds to provide free meals. The coffee shop finds that compared to asking for donations at the register, people donate more if a donation amount is automatically added to the bill and customers are given the option to have it removed. What behavioral bias does this represent

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