the demand for meals at a medium- priced restaurant is elastic. If the management of the restaurant is considering raising prices, it can expect a relatively:

the demand for meals at a medium- priced restaurant is elastic. If the

1.	the demand for meals at a medium- priced restaurant is elastic. If the management of the restaurant is considering raising prices, it can expect a relatively:
Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/proportionately-7705336" style="font-weight:bold;" target="_blank" title="Click to know more about PROPORTIONATELY">PROPORTIONATELY</a> <a href="https://interviewquestions.tuteehub.com/tag/large-1066424" style="font-weight:bold;" target="_blank" title="Click to know more about LARGE">LARGE</a> fallin quantity demanded<br/>No <a href="https://interviewquestions.tuteehub.com/tag/change-913808" style="font-weight:bold;" target="_blank" title="Click to know more about CHANGE">CHANGE</a> in quantity demanded <br/>Proportionately small <a href="https://interviewquestions.tuteehub.com/tag/fall-983217" style="font-weight:bold;" target="_blank" title="Click to know more about FALL">FALL</a> in quantity demanded<br/>infinite change in quantity demanded</p>Solution :N/a</body></html>