Suppose you have the following information for the demand for toddler walkers:

P₁=15 Q₁=100

P₂=10 Q₂=500

Which of the following is true?

Group of answer choices

A slight increase in price will cause a huge decrease in the good's quantity demanded

A decrease in costs will cause a greater change in the price than in the quantity

Toddler walkers are not responsive to changes in price

An increase in tastes and preferences will cause a greater change in the quantity than the price

None of the above are true