If demand is highly inelastic and supply shifts to the right, price:
A) will rise significantly; quantity hardly changes at all.
B) hardly changes at all; quantity will rise significantly.
C) will rise significantly as will quantity.
D) will fall significantly; quantity hardly changes at all.

Question

Quizplus · Accepted Answer

The Answer of If demand is highly inelastic and supply shifts to the right, price:
A) will rise significantly; quantity hardly changes at all.
B) hardly changes at all; quantity will rise significantly.
C) will rise significantly as will quantity.
D) will fall significantly; quantity hardly changes at all.

If Demand Is Highly Inelastic and Supply Shifts to the Right