Suppose the price of matcha tea in Chicago coffee shops increases by 10%, and the quantity of matcha tea demanded in Chicago coffee shops drops by 5% per day. Demand for matcha tea in Chicago is which one of the following a. price inelastic. b. perfectly price inelastic.   c. price unit-elastic.   d. price elastic.

Survey Of Economics
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Chapter5: Price Elasticity Of Demand And Supply
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Problem 7SQP: Suppose a movie theater raises the price of popcorn 10 percent, but customers do not buy any less...
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Suppose the price of matcha tea in Chicago coffee shops increases by 10%, and the quantity of matcha tea demanded in Chicago coffee shops drops by 5% per day. Demand for matcha tea in Chicago is which one of the following

a. price inelastic.

b. perfectly price inelastic.
 
c. price unit-elastic.
 
d. price elastic.
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