If Supply Is Inelastic, It Follows That

Multiple Choice

If supply is inelastic, it follows that

A) an increase in price will not change quantity supplied.
B) a decrease in price will not change quantity supplied.
C) consumers will pay 100 percent of any tax placed on sellers.
D) for any given percentage increase in price, quantity supplied will increase by a relatively greater percentage.
E) for any given percentage increase in price, quantity supplied will increase by a relatively smaller percentage.