ABC Enterprises sold 9,000 units @ $2.99/unit in July.The firm sold 9,000 units @ $4.29/unit in August.This illustrates demand.

Name: ABC Enterprises sold 9,000 units @ $2.99/unit in July.The firm sold 9,000 units @ $4.29/unit in August.This illustrates demand.
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The demand is inelastic because the quantity sold remained the same (9,000 units) despite an increase in price from $2.99 to $4.29, indicating that the demand for the product is not sensitive to price changes.

ABC Enterprises Sold 9,000 Units @ $2