Inelastic Demand Exists When

Inelastic demand exists when

A) a small percentage decrease in price produces a smaller percentage increase in quantity demanded.
B) a small percentage increase in price produces a larger percentage increase in quantity demanded.
C) an increase in price is impossible due to government restrictions.
D) the quantity demanded remains the same regardless of any changes in marketing strategies.
E) the price is governed by outsides entities but the demand remains high due to these restrictions that make the product exclusive.