Daniela Estupinian-Nichuck: Attempt 1 Question 1 (10 points) Demand is price inelastic if: the price of the good responds slightly to a quantity change. O the demand curve shifts very little when a demand shifter changes. O the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. O all of the above are true. Question 2 (10 points)