The shorter the time that has elapsed since a price change, the more __ A. inelastic is demand B. elastic is demand C. linear is the demand curve D. non-linear is the demand curve

## Step 1<br />The problem is about the concept of price elasticity of demand in economics. Price elasticity of demand measures the responsiveness of the quantity demanded of a good to a change in its price. <br /><br />## Step 2<br />When a price change has just occurred, consumers have less time to adjust their consumption habits. This means that the demand is less elastic in the short term. <br /><br />## Step 3<br />As time passes, consumers have more time to adjust their consumption habits, making the demand more elastic. <br /><br />## Step 4<br />Therefore, the shorter the time elapsed since a price change, the more inelastic is the demand. This corresponds to option A.