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Suppose the price of beans rises from $1

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Suppose the price of beans rises from $1.00 a pound to $2.00 a pound so quantity demanded falls from 10 units to 6 units. In this example, is the demand for beans:

A) relatively elastic
B) perfectly inelastic
C) relatively inelastic
D) perfectly elastic

{Section title=context !!!Elasticity of Demand Elasticity of demand is a measure of how the free market responds to changes in prices for certain products or services. General economic law dictates that as price for a product/service increases, the quantity demanded for said product/service will decrease. However, this is not always the case.