If the demand for umbrellas is price inelastic,
A. the percentage change in quantity demanded is greater than the percentage change in price.
B. changes in price do not affect the number of umbrellas demanded.
C. the percentage change in price is less than the percentage change in quantity demanded.
D. if more umbrellas are sold as the result of a price decrease, total expenditures by consumers on umbrellas will decrease.
E. none of the above
Answer: D
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