Suppose the government wants to reduce illegal importation of exotic animals used as pets and tries to achieve this goal by interrupting the supply of illegally imported exotic animals. If the demand for these animals is highly inelastic, this government effort will result in
A) a small reduction in the quantity of exotic pets demanded.
B) a large reduction in the quantity of exotic pets demanded.
C) no change in the quantity of exotic pets demanded.
D) an increase in the quantity of exotic pets demanded.

Question

Quizplus · Accepted Answer

When demand is highly inelastic, consumers are not very responsive to changes in price or availability. Therefore, interrupting the supply will likely lead to only a small reduction in the quantity demanded, as consumers still want these pets despite higher costs or lower availability.

Suppose the Government Wants to Reduce Illegal Importation of Exotic