Explain clearly

Demand will be more inelastic the Select ones larger the fraction of income spent on the good smaller the quantity demanded of the good O c fewer substitutes for the good that are available. Old. lower the price of the good O'e longer the passage of time after a price increase. When the price of a good increases by 5 percent, the quantity demanded decreases by 10 percent. The price elasticity of demand is A price nee will total revenue. A vertical supply curve Select one indicates that suppliers are unwilling to produce the good. Ob. indicates a shortage of the good, impliesian elasticity of supply equal to zero. is impossible except in the long min De. implies an elasticity of supply equal to infinity