Kailyn Simmons This question: 4 Submit test point(s) possible Suppose the demand for a Czech novel translated into English is perfectly inelastic. Assume the initial price of the translated novel is $24.00 and the quantity demanded is 668 copies per year. If the price of the translated novel increases by $2.00, then the quantity demanded will be copies per year. Next, suppose the demand for a mystery novel by Stephen King is infinitely elastic. In this example, assume the initial price of the novel is $26.00 and the quanti demanded is 90 thousand copies per year. If the price of the mystery novel increases by $1.00, then the quantity demanded will be copies per year. Next 10,148 339 22