If the demand for If demand is inelastic ______. Group of answer choices then a 1% increase in price leads to a fall in quantity demanded of less than 1% then a 1% increase in price leads to a fall in demanded quantity of 1% then a 1% increase in price leads to a fall in quantity demanded of greater than 1% then a 1% increase in price leads to a rise in demanded quantity of less than 1% speakers decreases and the supply of smart speakers decreases, then _____. Group of answer choices it is clear that prices will decrease, the change in the quantity of smart speakers sold is ambiguous it is clear that quantity sold will decrease, the change in the price of smart speakers is ambiguous it is clear that change in quantity sold is ambiguous, the change in the price of smart speakers is ambiguous it is clear that prices will increase, the change in the quantity of smart speakers sold is ambiguous