Suppose the demand for a Czech novel translated into English is perfectly inelastic. Assume the initial price of the translated novel is $27.00 and the quantity demanded is 531 copies per year. If the price of the translated novel increases by $2.00, then the quantity demanded will be copies per year. Next, suppose the demand for a mystery novel by Dean Koontz is infinitely elastic. In this example, assume the initial price of the novel is $20.00 and the quantity demanded is 99 thousand copies per year. If the price of the mystery novel increases by $3.00, then the quantity demanded will be copies per year