If the price elasticity of demand is 1.2 for a negatively sloped demand curve, a 15 percent increase in the price of the good results in

here are the choices:

A.

a

18

percent increase in the quantity demanded.

B.

a

18

percent decrease in the quantity demanded.

C.

a

1.8

percent increase in the quantity demanded.

D.

a

1.8

percent decrease in the quantity demanded.

E.

There is not enough information to answer this question.