Assume the Demand for Electricity,a Necessity with Few Substitutes,is -0

Multiple Choice

Assume the demand for electricity,a necessity with few substitutes,is -0.2.If the electric company raised its rates by 10 percent,we would expect

A) a 10 percent decrease in quantity demanded.
B) a 2 percent increase in quantity demanded.
C) a 10 percent increase in quantity demanded.
D) a 2 percent decrease in quantity demanded.
E) a 5 percent decrease in quantity demanded.