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X B Quiz 4 - EC-201-10027 - Prin E X + c.edu/d21/le/content/413109/viewContent/9021505/View 4 it: 0:30:00 Time Left:0:25:34 Eva ONDONGO NGALA: Attempt 1 Question 1 (1

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X B Quiz 4 - EC-201-10027 - Prin E X + c.edu/d21/le/content/413109/viewContent/9021505/View 4 it: 0:30:00 Time Left:0:25:34 Eva ONDONGO NGALA: Attempt 1 Question 1 (1 point) 3 Netflix wanted to raise their monthly fee but many customers would drop their subscription if the subscription price increased significantly, so Netflix only raised their price $1.00. In economics, this can be explained with 6 demand 9 price elasticity of demand supply none of the above Question 2 (1 point) If a price change of a consumer good would cause an even bigger proportional change in the quantity demanded of that consumer good, this means that the consumer good has _ demand. elastic zero elasticity inelastic

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